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Friday, September 27, 2013
American Colleges, Supersizing
The Supersizing of American Colleges: " . . . The supersizing of American higher education has led to a flurry of articles, reports, and sound bites about college that use the most feared words in America: “crisis” and “bubble.” Citing the increase in spending, debt, and default, their authors argue that college is a bum deal, profile students graduating to waiter jobs that offer no hope of paying off loans, and predict the bursting of the college debt bubble once we realize college is not as valuable as we thought. The Economist compared American universities to Detroit’s car companies in the 1950s: universally admired as the best in the world and on the cusp of a fall. . . ." (read more at link above)
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