The kids are home from school this week. We're thinking unkind thoughts about everyone on vacation on some island right now. The cold wind is too painful to venture out much. We've been shopping, doing art projects, and cooking exotic soups. The kids have also been doing their video game crack.
I have been reading on the iPhone here and there. Some stuff that I came across:
"The college degree is becoming the new high school diploma: the new minimum requirement, albeit an expensive one, for getting even the lowest-level job." Read about the receptionist with a $100,000 for a degree in retail management.
People, DON'T DO THAT!
Megan McArdle responds.
Also, don't get a PhD. Great graphes and article by Jordan Weissman.
See, less than 40% have real jobs waiting for them when they graduate.
In the midst of all these sad stories, I think I am starting to see the return of conspicuous spending. Articles about $20,000 kitchen islands and tech scene assholes. What's up with that?