After exploring more in depth the reasons behind the collapse of the United States economy I obtained more of a grasp on why our economy went into the gutter again and somewhat the affect it will have on college students. I have concluded after comparing the sources I utilized that the reasons behind the collapse of the economy reach way beyond the normal view that most Americans have of its collapse being because of the bailouts of major companies and the housing crisis, as well as the outlook on how this crisis is going to affect college students in general it’s going to be pretty tough to say the least unless we can somehow miraculously pull ourselves out of the recession. There of course are many other factors that contributed to the fall such as the couple very expensive wars we’ve got into, the inflation rate our dollar has, the actions of our politicians and there mentality of do anything no matter what the effect to get votes, and the massive loss of jobs and revenue to over sea super powers such as China. I believe that with these problems facing the country that the future we have as college students is going to be tough. With the amount of jobs going overseas and the amount lost every day in the U.S. due to bankruptcies and things of that nature the job market for anyone is going to be tough so were going to have to do something to separate ourselves from the crowd. It’s going to take putting yourself through college and getting a degree in something that will be useful later on, and then it will take dedication and hard work to achieve success. It is going to take this because of oversea competition and the world population is only getting bigger which means there are that many more people to compete with and we as a country are going to have to rise above them once again. If we can manage to do this maybe in the near future the economy will feel the affect and begin to rise again.
