Thursday, July 2, 2009

The Education Bubble?

With college costs approaching $50K per year, it would not surprise me to see this come true. From the article:
"According to the National Center for Public Policy and Higher Education, over the past 25 years, average college tuition and fees have risen by 440 percent — more than four times the rate of inflation and almost twice the rate of medical care."
Now the big question is - is higher education "too big to fail??" Will Obama appoint a Higher Education Czar? Fire the Deans of all the liberal arts colleges and appoint his own minions...oh, calm down! Those people are running 99.9% of those institutions anyway!

Interesting read nevertheless.

1 comment:

Anonymous said...

That is plain scary. To have to go through a college with O's people scares the heck out of me. But, quite frankly it might happen. I fully agree with you, Rumbler.