August 2, 2012
HIGHER EDUCATION BUBBLE UPDATE: The Economist: The college-cost calamity — Many American universities are in financial trouble. “Four-year residential colleges cannot keep on forever raising their fees faster than the public’s capacity to pay them, especially when online degrees are so much cheaper. Universities that fail to prepare for the hurricane ahead are likely to be flattened by it.”
With a nice quote from The Higher Education Bubble.