Students Could End Up Upside Down With Their College Education
Posted Apr 27 2010 7:57pm
Alex Reid comments on an article by Michael Feldstein . The Product Manager for Academic Enterprise Solutions asks whether there is a bubble in the higher education market. He points, writes Reid, to a number of statistics indicating the declining rate of return for a college student investing in his or her education. "Unlike your home, your education is a fundamentally illiquid asset. You can’t sell off your diploma, even at a loss, to pay back your bank loans. These students will be screwed six ways from Sunday, which is even more ways than they’re getting screwed now," cites A. Reid.
Students could end up essentially upside down in a college education that will never be worth the cost.
Here are three more thoughts the author of Digital Dids, has on that. If you want to receive my future posts regularly for FREE, please subscribe in a reader or by e-mail. Follow me on Twitter. For other concerns, Contact Me at anytime.