When Will the Education Bubble Explode?

Peter Reilly:

Is the education bubble about to explode? Some bloggers, like Mish, tend to think so, while others, like Catherine Rampellof Economix, still see value in education. Even entrepreneurs, like Peter Thiel, recently joined in the discussion, as some entrepreneurs are offering alternatives outside of education and trying to change the current zeitgeist of "college degrees are absolutely necessary." One thing many of these individuals agree on: the cost of education is growing and it's placing an enormous burden on students.

In order to assess the value of education and its future, three areas come into immediate focus: the current attitudes about education among the Millennial generation (most of whom are being educated), the warning signs of an education bubble, and the changing attitudes toward education.

Posted by Jim Zellmer at November 5, 2011 2:20 AM
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