Posted 1 year ago on June 18, 2012, 8:15 p.m. EST by linker
This content is user submitted and not an official statement
http://www.encounterbooks.com/books/the-higher-education-bubble/ America is facing a higher education bubble. Like the housing bubble, it is the product of cheap credit coupled with popular expectations of ever-increasing returns on investment, and as with housing prices, the cheap credit has caused college tuitions to vastly outpace inflation and family incomes. Now this bubble is bursting.