They're continuing to increase the size of the college education bubble, says economist Mark Perry at Carpe Diem. Don't want to be around when it bursts.
Monday, May 02, 2011
The higher ed bubble. When will it burst?
They're continuing to increase the size of the college education bubble, says economist Mark Perry at Carpe Diem. Don't want to be around when it bursts.
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Tuition is not a commodity or a property. There is no "bubble" to burst.
At some point, so many Americans will be priced out of college that the universities will lose students. I believe we agree there. But the net results looks to be a flattening more than a bursting bubble.
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