When you win big bets on the Super Bowl (or any game for that matter) you are obligated to hit the strip club and pass along some of the winnings. It's like tithing for gamblers.

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It's a great system. For the schools and the lenders.

Not so much for the borrowers.

I remember that time. Reagan was surrounded by people who thought that way. They viewed anyone who needed help to become educated as a drain on the system. It was amazingly myopic.

> basically the state is really bad at running companies efficiently, and often uses them as a piggy-bank, which has been generally true forever

This is somewhat more true for Venezuela than Mexico, but in the context of the global economy the large oil reserve has put a target on the country's back, so to speak. Specifically after Venezuela nationalized their oil extraction industry and opted not to take out any more IMF loans in the early 2000s, their ability to stabilize currency was highly dependent on the oil market which since then has been often unpredictable. Combine this fact with the generally exploitative nature of the first world's relationship with Latin America ("corruption") and the middle eastern OPEC members having an outsized influence on oil production throughout the same period until today and it is not hard to see how Venezuelans came to suffer as a result.

I wonder with the continued implementation of climate change policies and regulations, as well as the shift towards EVs, if those 300 million barrels will be worth as much in 50 years though

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https://www.clevelandfed.org/publications/economic-commentary/2012/ec-201210-the-college-wage-premium

These data show that the college wage premium increased rapidly through the 1980s and early part of the 1990s, rising from 40 percent to upwards of 70 percent. Since the late 1990s, the premium has experienced a much slower rate of growth, drifting at times below and above 80 percent.

• in countries where education is not desired *

I'd be very curious to know this for the US by state! Where would California and Alaska fall in this?

Wait we (India) had more earthquakes than Nepal? Tf?

Looks like Venezuela needs some Freedom©

change your gender

Because of government-garanteed student loans. Plus a lot of american colleges are more resorts than schools now. Hey,top 10 colleges with waterparks!

We need to rethink that higher education should be like now that everyone has basically access to all of the world's knowledge in their pockets. Universities make no sense to me anymore.

Would have thought New Zealand to have been up there

it is unshakeable debt. So every lender in the world wants in. Plus every corporation in the world dreams of life long wage slaves. And they get them drowning in debt even before they enter the working world. If that is not porn for an economist or CEO I don't know what is.

Going to say that monday after spike is likely due to those people who hit the bag on their bets. Get the bag, try to play with the bags, go home with a sag.

Thanks! Yeah, there is so much variability day to day so I don't make any conclusions.

Not sure I understand the question. $84 is how much I earned on that Super Bowl Sunday.

Needs at least 6 more data observations to be a pragmatic lower bound sample. The chart is impressive though.

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The state component is really important. The schools I've been able to find the data, the actual cost of instruction per student has risen very close to inflation since the 1980s. States have all increased their education budgets every year, because you can't decrease education spending, but not nearly as fast as inflation and increasing enrollment. Schools have to raise tuition to make up the difference.

Somewhere along the way, the political view of college changed from 'a well educated and highly skilled population benefits the whole state' to 'college education is a personal privilege.'

the fuck happened in venezuela in 2003

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This is the total cost, not just tuition.

>(tuition, fees, room & board, books/supplies)