Econ Comments & Analysis
Real Clear Markets | Is There a Monetary Story Behind the College Bubble?
It is hard to know exactly how to interpret the plight of the modern college student. The term "lost generation" isn't exactly original, having been used to describe grads during the three "jobless" recoveries of the interest rate targeting age, but the current predicament is much more dire and unrelenting. At least the graduate population after the dot-com recession had a housing bubble to look forward to, as the current iteration of asset inflation holds little such "hope."
