Sun, Apr 24, 2011 in News by admin, Comments Off

Higher Education’s Toughest Test

Share


In the debate sparked by Peter Thiel’s “20 Under 20 Fellowship” (which pays bright students to drop out of college), one fact stands out: the cost of U.S. post-secondary education is spiraling upward, out of control. Thiel calls this a “bubble,” similar to the sub-prime mortgage crisis, where hopeful property owners over-leveraged themselves to lay claim to a coveted piece of the American dream: home ownership.

Higher education is another piece of this dream, offering a chance at social advancement and the potential for a high return on investment. During the sub-prime crisis, brokers financed home sales on the belief assets would appreciate. A similar situation is brewing on U.S college campuses, where institutions extract high tuitions from consumers in exchange for degrees and credentials that are thought to be like homes—assets that will always appreciate in value.

An investment in college education has historically been a smart bet. However, in the same way sub-prime housing models didn’t accommodate for potential price falls, the belief that the value of a college degree will always appreciate is potentially flawed. And, if the value of a degree stagnates while its price tag soars, our higher education system will become unsustainable.  Some are going so far as to claim that some university degrees already lead to a negative return on investment.

Read this article:
Higher Education’s Toughest Test



Comments are closed.




Advertise Here



Navigation

advertising amazon apple apps asia best windows 8 tutorials ces2012 daily crunch design & dev disrupt ecommerce enterprise europe facebook fundings & exits gadgets gaming gaming news hacks how to insider inspiration ipad iphone laptops media microsoft mobile news opinion samsung social social media startups tctv technology tutorials twitter united states venture video web design windows 7 gaming windows 8 news windows 8 tutorials



Follow us on twitter

  • Could not connect to Twitter







© Copyright Bitwords Media A New York Web Design Firm. The E-commerce Magazine.

About us

The E-commerce Magazine.

Write for us

We are always looking for experienced writers who can write good original quality posts on Bitmag.com Please contact us if you would like us to consider you. Make sure you give us details of your own blog or a link to some articles you have written. Learn more about us