Higher Ed Price Bubble Continues

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Bloomberg with a nice article about the continued increase in prices for higher ed, as well as the increasing rate of student defaults.  I believe that someone or some company, very soon, is going to develop an alternative to traditional higher ed that offers a similar education and a similar “signalling” effect to employers of graduates at half the price of traditional higher ed.  This will cause havoc in the field of education, like what Toyota and Nissan did to General Motors, Ford and Chrysler in the 70s and 80s.

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