Imagine that?! Parents cheating to get their kids into a good school. I couldn’t be less surprised at the recently exposed college admissions scandal. The education system is broken. Has been for decades now. Tuition is unaffordable to all but the upper class. Everyone else must drown in debt if they want to get a college degree.

One of the things that once made the U.S. such a great country was how our education system fueled upward mobility. Other countries tried to copy us and made great strides in their economies. Then, slowly but surely, our system perverted to what we have today.

The thing is, it’s cyclical. Everything is cyclical. That’s why I place so much emphasis on cycles in my research. They influence every aspect of our lives… and they’re predictable. Every positive cycle, will, at some point, turn negative. This is not just human nature. It’s the nature of nature.

Our education system was one of our strengths. Now it has become a liability. I discuss this in more details in today’s video. Listen now and then share your thoughts and comments.

Three discretionary consumer expenditures have bubbled to insane levels. Now they are negatively impacting our daily lives. Listen today to find out how and what this means to you… and what comes next. 

Follow me on Twitter @harrydentjr 

P.S. I’ll let you in on a little personal secret about how I got into Harvard Business School. Listen to find out. 

P.P.S. Consider reading William J. Bennett’s book from a few years ago, Is College Worth It? It’s a damn good question, and a particularly important one to consider in light of the great reset we face into early 2020.

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Harry Dent
Harry S. Dent Jr. studied economics in college in the ’70s, but found it vague and inconclusive. He became so disillusioned by the state of his chosen profession that he turned his back on it. Instead, he threw himself into the burgeoning new science of finance where identifying and studying demographic, technological, consumer and many, many other trends empowered him to forecast economic changes. Since then, he’s spoken to executives, financial advisors and investors around the world. He’s appeared on “Good Morning America,” PBS, CNBC and CNN/Fox News. He’s been featured in Barron’s, Investor’s Business Daily, Entrepreneur, Fortune, Success, U.S. News and World Report, Business Week, The Wall Street Journal, American Demographics and Omni. He is a regular guest on Fox Business’s “America’s Nightly Scorecard.” In his latest book, Zero Hour: Turn the Greatest Political and Financial Upheaval in Modern History to Your Advantage, Harry Dent reveals why the greatest social, economic, and political upheaval since the American Revolution is on our doorstep. Discover how its combined effects could cause stocks to crash as much as 80% beginning just weeks from now…crippling your wealth now and for the rest of your life. Harry arms you with the tools you need to financially prepare and survive as the world we know is turned upside down! Today, he uses the research he developed from years of hands-on business experience to offer readers a positive, easy-to-understand view of the economic future by heading up Dent Research, in his flagship newsletter, Boom & Bust.