So as frustrating as it may be for the college grad or the MBA, the fact of the matter is you are still going to be much better off than if you didn't have that education short term as well as long term.
Although that performance was much betterthan the painfully negative returns suffered by holders of government bonds, it was a long way short of the 6-7% returns that shares have historically achieved.
Our research consistently demonstrates that short-term (five year maturity or less) paper has historically a much better risk-return tradeoff than long-term bonds.