The Higher Education Bubble

The Higher Education Bubble

4.11 - 1251 ratings - Source

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. In this Broadside, Glenn Harlan Reynolds explains the causes and effects of this bubble and the steps colleges and universities must take to ensure their survival. Many graduates are unable to secure employment sufficient to pay off their loans, which are usually not dischargeable in bankruptcy. As students become less willing to incur debt for education, colleges and universities will have to adapt to a new world of cost pressures and declining public support.America is facing a higher education bubble.

Title:The Higher Education Bubble
Author:Glenn H. Reynolds
Publisher:Encounter Books - 2013-10-10


You Must CONTINUE and create a free account to access unlimited downloads & streaming