It's not just bitter folks w/out college degrees complaining because they lost jobs to folks w/ degrees...there was a professor out of Columbia (you know, the prestigous university that Obambi couldn't remember attending because he was in a coke-daze in the alley or whatever he did instead of attend classes...but I digress) who wrote a book (I don't know the title, as I was listening to a radio interview of the fellow) about the education bubble.
He was much kinder to his fellow academicians, blaming the bubble on their purist, ivory tower tendencies shielding them to market realities...nevertheless, he predicted a market crash in education, foreign purchasing of colleges and universities, all sorts of goodies. Heck, those foreign interests need somewhere to park all those zillions of american dollars, now don't they?
If you want to see a gem of a documentary about the public school system - done by a LEFTY - see Waiting for Superman. Fabulous, tragic, and informative in ways I'm certain the director did not intend.
I get no royalties for recommending these things, but I do appreciate when folks point me to interesting info.
“Extremely thought-provoking.”
I am paying two college tuitions right now. I know it’s a rip-off for the majority of kids - they will never pay back any loans they get.
The solution is to allow student loans to be once again dischargeable in bankruptcy - the aftermath of that will force reality on academia.