$200,000 for a sociology degree is not as bad as Pets.com only because of the more than 100 times difference in dollar amount. Think of the blind optimism that is required to sink $200,000, about 5 years salary for the average American worker, 10 years salary for an upper middle class Chinese worker, into a degree that has very little monetary value in the economy.
Go to college--->Get degree--->Make money.
Buy stocks--->Hold stocks--->Make money.
Get mortgage--->Buy house--->Make money.
Personal Income increased 0.3% in February; Spending increased 0.8%
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From the BEA: Personal Income and Outlays for February:
*Personal income increased $66.5 billion (0.3 percent at a monthly rate) in
February*, according t...
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