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Why your college could go bankrupt
The Week ^ | 02/15/2013 | Blaire Briody

Posted on 06/11/2013 6:26:30 PM PDT by SeekAndFind

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1 posted on 06/11/2013 6:26:30 PM PDT by SeekAndFind
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To: SeekAndFind

See also here:

http://www.thefiscaltimes.com/Articles/2013/01/16/Moodys-Gives-Negative-Outlook-to-All-US-Universities.aspx#page1

Moody’s Investors Service now has a negative outlook for the entire U.S. higher education sector, the rating agency said on Wednesday, citing “mounting fiscal pressure on all key university revenue sources.”


2 posted on 06/11/2013 6:27:27 PM PDT by SeekAndFind
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To: SeekAndFind

Uh, it’s NOT “my college”.


3 posted on 06/11/2013 6:34:21 PM PDT by Paladin2 (;-))
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To: SeekAndFind

Let the Creative Destruction commence.


4 posted on 06/11/2013 6:41:33 PM PDT by Paladin2 (;-))
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To: SeekAndFind

I remember the college student union building. I loved the peace and quiet. I could go there between classes and study stretched out on a sofa or a comfy chair — much nicer than the library. Sometimes I would engage a fellow student in a game of chess. I always got my butt kicked but learned with every game.

One day I entered the building and there was a crowd of zombies staring blankly at a brand new large screen television which was blaring a commercial. I knew at that very moment that higher education was in decline.

Idiocracy is a documentary.


5 posted on 06/11/2013 6:41:49 PM PDT by Jeff Chandler (Idiocracy is a documentary.)
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To: SeekAndFind

It’s still the rite of passage for a typical American kid graduating from high school.


6 posted on 06/11/2013 6:43:23 PM PDT by MinorityRepublican
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To: SeekAndFind

It’s still the rite of passage for a typical American kid graduating from high school..


7 posted on 06/11/2013 6:46:26 PM PDT by MinorityRepublican
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To: MinorityRepublican

Where the hell are kids going to party?


8 posted on 06/11/2013 6:51:49 PM PDT by umgud (2A can't survive dem majorities)
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To: SeekAndFind
Geez, they are actually learning about business, economics and finance after all. ;-)
9 posted on 06/11/2013 6:55:35 PM PDT by Average Al ( Our founder fathers never knew we could fail due to a Techtatorship.)
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To: Paladin2
AWESOME.
10 posted on 06/11/2013 6:56:34 PM PDT by 4Liberty (Some on our "Roads & Bridges" head to the beach. Others head to their offices, farms, libraries....)
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To: SeekAndFind

I was the starting quarterback on our virtual university’s football team. I threw for thirty simulated touchdowns. I was going to be a first round draft pick for the virtual professional football league, but I got hurt in a game. I have a trick thumb.


11 posted on 06/11/2013 6:58:50 PM PDT by blueunicorn6 ("A crack shot and a good dancer")
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To: SeekAndFind
"As Harden puts it, "Why would someone pay tens of thousands of dollars to attend Nowhere State University when he or she can attend an online version of MIT or Harvard practically for free?"

The same thing could be said for pre schools, and K-12 schools too.

12 posted on 06/11/2013 7:00:03 PM PDT by Average Al ( Our founder fathers never knew we could fail due to a Techtatorship.)
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To: blueunicorn6

Are you on injured reserve for the season?


13 posted on 06/11/2013 7:01:12 PM PDT by nascarnation (Baraq's economic policy: trickle up poverty)
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To: SeekAndFind

We will thrive with a 50% cut in the number of colleges. We can only hope.

The bubble is about to burst.


14 posted on 06/11/2013 7:03:10 PM PDT by St_Thomas_Aquinas
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To: SeekAndFind

Couldn’t happen to a more deserving bunch.


15 posted on 06/11/2013 7:03:49 PM PDT by stevio (God, guns, guts.)
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To: 4Liberty

LOL.


16 posted on 06/11/2013 7:05:30 PM PDT by Paladin2 (;-))
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To: St_Thomas_Aquinas
The bubble is about to burst.

Most unlikely.

"Big Education" is a major source of funding for Democrats.

No way they let it suffer much of a haircut.

17 posted on 06/11/2013 7:05:56 PM PDT by nascarnation (Baraq's economic policy: trickle up poverty)
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To: nascarnation

Yes, but I’ve hired a trainer to help get my thumb back in shape. He was a hitch hiker for thirty years.


18 posted on 06/11/2013 7:08:05 PM PDT by blueunicorn6 ("A crack shot and a good dancer")
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To: blueunicorn6
If you went to online university you could post any picture of yourself you would like. Online dating might
suck though. ;-)
19 posted on 06/11/2013 7:08:51 PM PDT by Average Al ( Our founder fathers never knew we could fail due to a Techtatorship.)
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To: SeekAndFind

Let’s see what happens to unionize college professors and instructors when they are not given raises. Some may be able to make the leap to the private sector/real world, but most will be utterly lost. I bet the cost of college adjusts and unions will have to go along with it or not survive.


20 posted on 06/11/2013 7:09:44 PM PDT by ConservativeInPA (Molon Labe - Shall not be questioned)
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