Alex Reid comments on an article by Michael Feldstein. The Product Manager for Academic Enterprise Solutions asks whether there is a bubble in the higher education market. He points, writes Reid, to a number of statistics indicating the declining rate of return for a college student investing in his or her education. "Unlike your home, your education is a fundamentally illiquid asset. You can’t sell off your diploma, even at a loss, to pay back your bank loans. These students will be screwed six ways from Sunday, which is even more ways than they’re getting screwed now," cites A. Reid.
Students could end up essentially upside down in a college education that will never be worth the cost.
Here are three more thoughts the author of Digital Dids, has on that.
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