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Continued: How colleges discourage Americans from saving

  • Article by: RICHARD VEDDER
  • Last update: July 11, 2013 - 6:29 PM

Richard Vedder directs the Center for College Affordability and Productivity, teaches economics at Ohio University and is an adjunct scholar at the American Enterprise Institute. He wrote this article for Bloomberg News.

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  • Colleges impose a very high private penalty on savings, giving people incentive to consume rather than save.

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