Monday, May 31, 2010

Nerd News: The Higher Education Bubble, Again

From the Insta-Prof:
The Higher Ed establishment has been selling college as a matter of emotion, self-fulfillment, and entitlement rather than economics. Nothing new about that — sports cars are sold the same way — but one doesn’t depend on the sports car to generate the income needed to pay off the sports car loan.
Read the whole thing.

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