Sunday, May 15, 2011

College Costs

The Student Loan Bubble - Ian L. Cooper
The same warning signs that preceded the housing bubble burst of 2007 are now rapidly unfolding in the higher education bubble.

The price of tuition is up more than 900% since 1978, while household income has increased just 150%.

Only 10% of all graduates can find work out of college. Unemployment for college graduates sits at the highest rate since 1970, leaving many students with no jobs and tens of thousands in debt.