Dennis Tubbergen's radio shows are available as podcasts at everythingfinancialradio.com.

Grand Rapids, MI -- (SBWire) -- 04/11/2013 --It is difficult to stay abreast of everything that is happening financially in the United States today. Dennis Tubbergen, a financial advisor, author, radio show host and CEO of PLP Advisors, LLC can be counted on to give a hand when it comes to understanding the latest events in U.S. and world economics.

Whether people enjoy his weekly newsletter at www.moving-markets.com or his blog at http://www.dennistubbergen.com, Tubbergen is dedicated to sharing his viewpoints and opinions. On April 2, his blog was titled The Beginning of the Tuition Bubble Burst.

"College tuition levels have gone up significantly faster than many other expenses over the past 40 years," began Tubbergen. "Often, when prices rise quickly, it is a result of easy credit. The fairly recent bubble and subsequent burst in the real estate market is a great example of a credit driven bubble. Now, as I have forecasted in the past, we may be seeing the begining of the tuition bubble bust."

Tubbergen quotes below from a March 25, 2013 article in The Chicago Tribune.

Banks wrote off $3 billion of student loan debt in the first two months of 2013, up more than 36 percent from the year-ago period, as many graduates remain jobless, underemployed or cash-strapped in a slow U.S. economic recovery, an Equifax study showed.

The credit reporting agency also said Monday that student lending has grown from last year because more people are going back to school and the cost of higher education has risen.

"Continued weakness in labor markets is limiting work options once people graduate or quit their programs, leading to a steady rise in delinquencies and loan write-offs," Equifax Chief Economist Amy Crews Cutts said in a statement.

Equifax analyzes data from more than 500 million consumers to track financial trends.

U.S. student loan debt reform has become a more pressing issue since the U.S. Consumer Financial Protection Bureau (CFPB) reported in March 2012 that the total surpassed $1 trillion by the end of 2011 and as interest rates on subsidized Stafford loan rates are set to double in July.

The cost of earning a 4-year undergraduate degree has gone up by 5.2 percent per year in the last decade, according to the CFPB, forcing more students to take out loans. While other forms of debt went down, student loan debt continued to rise through the economic crisis.

Delinquencies have spiked in the last eight years, with about 17 percent of the nearly 40 million student loan borrowers at least 90 days past due on their repayments, a February report from the New York Federal Reserve Bank showed.

The CFPB, a federal consumer agency, is concerned that high student loan debt could affect the rest of the economy because it affects borrowers' credit and could limit their ability to make important purchases such as a home or car.

The CFPB is taking several steps to help reduce the student debt burden on borrowers, including finding ways to offer more flexible repayment options from private lenders and trying to exert more supervisory authority over non-bank student loan servicing companies.

"Credit driven bubbles always burst," explained Tubbergen. "While tuition costs have not yet reversed, I believe they will. Investing in college education is not as great an investment as it once was given the current economy."

Tubbergen goes on to say that while tuition costs have continued to rise as frustrated and discouraged workers return to the classroom, many of those students discovered that the investment wasn't a good one: there is still no job in their future.

"As loan delinquencies continue to mount, this bubble will also burst," concludes Tubbergen. "If you or a family member are planning to attend college, I'd advise that you consider paying cash as you go."

To read the blog in its entirety go to http://www.dennistubbergen.com and select his April 2, 2013 entry.

Tubbergen’s syndicated radio show can be heard on metro Michigan stations WTKG 1230 AM and WOOD Newsradio1300 AM and 106.9 FM.

About Dennis Tubbergen
Dennis Tubbergen has been in the financial industry for over 25 years and has his corporate offices in Grand Rapids, Michigan. Tubbergen is CEO of PLP Advisors, LLC and has an online blog that can be read at www.dennistubbergen.com. To view Tubbergen’s latest Moving Markets? newsletter, go to www.moving-markets.com.

The opinions expressed herein are those of the writer and not necessarily those of USA Wealth Management, LLC. This update may contain forward-looking statements, including, but not limited to, statements as to future events that involve various risks and uncertainties. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause actual events or results to differ materially from those that were forecasted. Therefore, no forecast should be construed as a guarantee. Prior to making any investment decision, individuals should consult a professional to determine the risks, costs, benefits and fees associated with a particular investment. Information obtained from third party resources is believed to be reliable but the accuracy cannot be guaranteed.