[inaudible conversations] good afternoon, everyone. Welcome to the American Enterprise institute. My name is ryan streeter, director of policy studies and its my pleasure to welcome you to this event featuring timothy carneys new book and discussion about the findings and claims and i think you will find the remarks in the panel of interest particularly timely given the moment we find ourselves in historically right now so i look forward to the discussion. Hes going to come out and offer a few words and then he will be followed with a Panel Discussion with Charles Murray known to everybody here and then Megan Mcardie known as Washington Post columnist with a lot to say on this issue as well. Tim is a visiting fellow here at aei an and is also the commentay editor at the Washington Examiner where hes been a columnist for a while. His previous books are what many of you probably know him for. The big ripoff and that is where he carved out a name for himse himself. Its a deep dive and its
Watch after words with Jonathan Karl, sunday at 9 p. M. Eastern on book tv on cspan2. [inaudible conversation [inaudible conversations] good afternoon everyone, welcome to the American Enterprise institute. My name is ryan streeter, the director of domestic policy studies here and its my pleasure to welcome you to this event featuring tim carneys new book and a discussion about its findings and claims and i think youll find both tims remarks and the panel of interest, particularly timely given the moment that we find ourselves in historically right now. So i look forward to the discussion. Tim is going to come up and offer a few words and then he will be followed we will follow that with a Panel Discussion with Charles Murray who is known to probably everybody here, ais own fa chair and Cultural Studies here at aei. And megan mccardle, a Washington Post columnist with a lot to say as well. Tim is a visiting fellow here at aei and hes also the commentary editor at the Washington Examine
Points. 770 is the yield on the 10year treasury right now. The yield on the 30year treasury below 1. 35 . It is now down 18 basis points at 1. 358 on the 30year. Mortgage rates are hitting record lows, how you can take advantage of this, these yields are tied to mortgages so we could see refi activity as well. Coronavirus crisis, one hundred thousand confirmed cases worldwide. That number is expected to increase. President trump says that the u. S. Economy could take a hit but says it is all going to work out and everybody should be calm. The democratic field is thinning out. Elizabeth warren the latest to drop out of the 2020 race but not making an endorsement just yet. Meanwhile this Jpmorgan Chase jamie dimon is recovering from emergency heart surgery this morning. The surgery was successful and dimon is awake and alert. Plus nashville recovery, President Trump headed to tornado ravished area today after approving disaster declaration, we will tell you there live this morning for a
Job and lifetime earning prospects these days. Sure we have the model of College Dropouts like bill gates and Mark Zuckerberg to inspire us, bonilla sure and entrepreneur a genius like them youre going to need that diploma. But in recent years the cost of colleges made some whether the investment is really worth it. Students sign up for education loans that leave them tens of thousands of dollars in debt. With the average annual cost of instate public colleges more than 25,000 and doubled out for private schools, paying for an education can be as important addition as what majors the schools are offering. Whats more, a very high cost of Higher Education is taking its toll on some colleges and universities. Growing numbers of schools are struggling financially. With the widening gap between the leap and the very wealthiest colleges the top of the buried and those many more beneath them. So today were gonna take a look at the cost and value of a College Degree. How the schools themselves
Job and lifetime earning prospects these days. Sure we have the model of College Dropouts like bill gates and Mark Zuckerberg to inspire us, bonilla sure and entrepreneur a genius like them youre going to need that diploma. But in recent years the cost of colleges made some whether the investment is really worth it. Students sign up for education loans that leave them tens of thousands of dollars in debt. With the average annual cost of instate public colleges more than 25,000 and doubled out for private schools, paying for an education can be as important addition as what majors the schools are offering. Whats more, a very high cost of Higher Education is taking its toll on some colleges and universities. Growing numbers of schools are struggling financially. With the widening gap between the leap and the very wealthiest colleges the top of the buried and those many more beneath them. So today were gonna take a look at the cost and value of a College Degree. How the schools themselves