Home > Educational Leadership, Higher Education > The Ultimate Problem With A Higher Ed Bubble

The Ultimate Problem With A Higher Ed Bubble

By Marco Rabinowitz

There has been a lot of talk recently regarding a possible bubble in higher education. With increasing tuition costs for students and a dire job market after graduation, more are beginning to ask whether getting a college education is really worth it.

Given the prevalent use of student loans to fund higher education, US debt troubles, and increasing unemployment, the statistics strongly suggest that there is indeed a higher education bubble. To add insult to injury, with all the talk of the US debt ceiling, budget cuts could spell doom for federal student loans.

Most of the damage of any higher education fallout will land on the younger generations. If we include Social Security, this would be the second major nationwide pyramid scheme-esque institution that younger generations have been roped into in their lifetimes — quite a track record for the older generations in American society. Even still, much of the shock wave of a higher education restructuring could be felt for generations to come.

Continued at: http://www.benzinga.com/news/11/08/1822316/the-ultimate-problem-with-a-higher-ed-bubble

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