College tuition bubble followup

Here’s a great article citing eight reasons why the college tuition bubble will burst. I posted on this previously here. The closing quote says a lot:

One thing is for sure, things cannot continue as they are, regardless of how we got to this point.  The housing bubble gave America a hard lesson in what happens when loose credit leads to unsustainable prices.  But unlike the housing bubble, in which foreclosure and bankruptcy allowed people to have a fresh start, the college tuition bubble will haunt young people for life unless bankruptcy laws change.

Read the whole thing…

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