Re: College education bubble
No this is what happens when they become profitable enterprises and marketed to the middle class.
I went to college in a highly subsidized system, it worked fine for me. Of course, in those days, all you had to do to get in was pass the exams and keep up your grades. Now you have to be able to afford the price of admission, or be able to borrow it.
They are doing to education the same thing they did to gasoline, then real estate. Convince the booboisie that they HAVE to have it and then strike after they've swallowed the hook.
But not to worry. Most of these guys are business majors. They got their first lesson before they even started class.
