The chart below shows how this statement holds true for housing, healthcare and energy… pretty much everything in fact.
But the astronomical rise in the cost of higher education eclipses all.
Tuition and fees exploded 300% higher in the last 20 years. If one dollar bought four years of college in 1990, today that same dollar would only get you one year of school.
Schools continue to hike tuition because they have little incentive not to. Students accept debt servitude because they have few alternatives.
Something has to give. Exponential growth is not sustainable growth – it’s as simple as that.
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Harry Dent, one of the most respected economists in the industry, has uncovered a disturbing market event that could soon devastate millions of investors. In short, he has undeniable proof that one of the market’s safest and most popular investments is about to get slaughtered… and it will have dire consequences for those who don’t prepare right away.
For full details on the event Harry’s dubbed as the “Safe-Asset Slaughter”… and to ensure you escape the coming carnage, I urge you to watch this special presentation.