Tags » Higher Education Bubble

Downsizing trend hits higher education

Half of all universities and colleges may close within 15 years.

Harvard Business School professor Clayton Christensen has predicted that as many as half of the more than 4,000 universities and colleges in the U.S.

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Higher Education Bubble

It's no longer feasible to work your way through college

Let’s get this straight once and for all.

It’s impossible to work your way through college nowadays

Michigan State University graduate student Randy Olson listened to “his grandfather extol the virtues of putting oneself through college without family support’”  But then Olson did some calculations to show how that is almost impossible to do today.

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Higher Education Bubble

'Budget woes are particularly acute at small, mid-tier private' colleges

Tough financial times are hitting many colleges, and “some are downsizing staff, while others are slashing athletic programs and even selling off buildings”.

Hardest hit are ‘mid-tier private schools’. 241 more words

Higher Education Bubble

Colleges seek wealthy students to pay for diversity and more HDTVs

Colleges engage in “massive price discrimination” as a way to achieve diversity.

… universities try to charge what the traffic will bear, engaging in massive price discrimination, favoring some students (poorer ones, extremely bright ones, those with preferred skin colors) more than others (more affluent, less bright kids, those whose skin color is less desirable).

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Financial Aid

Federal student loan programs create perverse incentives

Two problems with college loan forgiveness programs:

1.  They encourage students to choose less-valuable majors, according to George Leef.

.. income-based repayment would lessen or even remove the incentive that students now have to think prospectively about the cost/benefit ratio of college.

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Financial Aid

You can get a college degree for almost free

This college degree may not be prestigious, but it’s truly affordable.  Tuition is free, although each proctored exam costs $100.

Just in time for its first graduates, the University of the People, a tuition-free four-year-old online 

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Higher Education Bubble