On Monday, 1 October 2012, from 6:00 to 8:00 pm, Graham Down and the National Capital Association of Scholars will host Chris Demuth, lawyer, fellow at the Hudson Institute, and former president of the American Enterprise Institute, who will speak on “Higher Education –The Other Debt Crisis.”
Mr. Demuth is concerned that American government debt has reached unsustainable levels. We borrow today, transferring public obligations to the future, rather than financing investments through increased economic productivity. At the same time, the federal government promotes private borrowing, especially for housing and higher education. The current student indebtedness — with large numbers of recent graduates unable to make enough money to service prodigious debts (if they find employment at all) — demonstrates that, for many, college has become more a matter of immediate consumption than investment in the future.
The talk will take place at Graham Down’s apartment (4000 Cathedral Avenue, N.W., Apt. 152B, Washington D.C. 20016). Please RSVP to this email or respond to Mr. Down at <firstname.lastname@example.org> or (202) 333-8258.