The U.S. Higher Education Bubble

Print Friendly


By Jesse Colombo              

For many of today’s college students and recent graduates, obtaining a degree means taking on mortgage-like levels of debt without having the house (or much of a job!) to show for it. Like housing in 2005, the institution of college education is firmly in the throes of a bona-fide bubble that will end just as disastrously. College tuition costs are soaring College Bubble Imageand forcing our nation’s young to bear obscenely high levels of student loan debt, while a ballooning $1 trillion student loan bubble shares a strikingly scary resemblance to the toxic subprime mortgages of six years earlier (and are just as likely to be repaid). As more and more college presidents shamelessly bank $1 million per year and colleges build opulent mega-million dollar stadiums, their graduates struggle to find minimum wage jobs in the worst job market since the Great Depression. You know there’s a crisis when even young law school grads are forced to become topless dancers to support themselves and their crushing student loan bills!

Please follow my Twitter feed for commentary and news about the U.S. higher education bubble:
             





Questions? Comments?

Click on the buttons below to discuss or ask me any question about these bubbles on Twitter or Facebook and I will personally respond:




 

Comments

comments

Powered by Facebook Comments