Friday, December 2, 2011

Higher Education - is it really the next bubble?

Some people are hypothesizing that higher education will be the next "bubble", that the expense of college is no longer worth it and it's "over-priced". However, according to Professor Grubb from Cal, "Education has not stopped delivering its expected returns, not in terms of income or (un)employment. It has stopped delivering on the promise of a middle-class job = professions and managerial occupations, for which a BA was sufficient in the 60s, and for which an MA is now necessary."

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