The College Trap

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James Altucher knows a lot about being a student. A life-long learner, Altucher not only went to university to study computer science, but later taught himself to be a successful investor and entrepreneur.

Looking at the U.S. economy from his unique perspective on analyzing risks and opportunities, Altucher has found, unfortunately, that the student loan system may the single most destructive force in our country today—not only for the individuals who have to pay back the debt, but for the whole economy. He has also found that the education system is severely lacking.

Valentin Schmid
Valentin Schmid
Author
Valentin Schmid is a former business editor for the Epoch Times. His areas of expertise include global macroeconomic trends and financial markets, China, and Bitcoin. Before joining the paper in 2012, he worked as a portfolio manager for BNP Paribas in Amsterdam, London, Paris, and Hong Kong.
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