JERRY BOWYER: How The Bowyer Family Played The College Tuition Bubble. “At age 27, Chris has no consumer debt, no school debt (obviously), no car debt and only a small mortgage. He has a small retirement account which he started with the proceeds from a web site he built in his teen years. He and his wife are homeowners. While some of their college friends are apartment dwellers, many are boomerang kids who have returned home to live with their parents. Almost none of the ones who are employed are employed in their chosen field of study. Income-wise, Chris is at about the same level as the subset of his college-grad friends who are employed. Asset/liability wise he is well ahead of the pack.”