HIGHER EDUCATION BUBBLE UPDATE: Report Documents Shifts in How Students Pay for College. “Students are shoulder an increased share of their own college tuition payments (with their parents picking up less of the tab), and more families are considering price when deciding where to send their children to college, according to an annual study by the lender Sallie Mae to be released today. The study, ‘How America Pays for College,’ found that the proportion of families that said they had stopped considering certain colleges had risen to 70 percent, up from 56 just three years ago. And the proportion of college expenses that students themselves paid for rose to 30 percent, the highest level in four years.”

All is proceeding as I have foreseen.