April 11, 2012

HIGHER EDUCATION BUBBLE UPDATE: Everybody’s Worried Now. “A year ago, the notion that Smith College — with a $1 billion endowment, high student demand, and frequently cited educational quality — was raising existential questions, particularly about its economic model, seemed a fairly radical notion. But an idea that seemed striking in the past — that elite liberal arts colleges might have to make significant changes in the next few years if they are to remain relevant (or present) in the current educational market — is now the hottest topic in the sector.”

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