October 25, 2012
HIGHER EDUCATION BUBBLE UPDATE: Higher Ed Costs Now Rising Faster than Financial Aid. Walter Russell Mead comments: “Higher ed should take this warning sign very seriously. It has become clear that the byzantine system of government loans, tax credits, and financial aid designed to offset the skyrocketing cost of college is no longer working. We need something new. When all else fails, it’s time to think.”
Well, I’ve tried.