Why Higher Education Has Become a Bubble
Why Higher Education Has Become a Bubble
When the Price Outpaces the Value
Many are saying that higher education has become a “bubble”— a term I only heard before related to housing or other similar industries. But not on education, this was the first time. So, as usual, I starting diving in into the subject, doing a bit of research, and as I kept reading more and more, I’ve started realizing that it reflected the opinion I have more quite some time, a situation where the price of higher education tuition is disconnected from its real usefulness in today’s society, except within in a few special areas, and where the system is trying to avoid collapsing because people are losing faith in its value, and it’s trying to reinvent itself by creating alternatives.
