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User Info Student Loan 'Forgiveness'?; entered at 2022-05-01 05:59:59
Flappingeagle
Posts: 5840
Registered: 2011-04-14
Quote:
My sense is that Higher Education's Day of reckoning is on the horizon no matter what. Demographics, Debt, Cost Structure and a number of degrees that have no marketability mean that this bubble too will pop.


I work in higher Ed and I can tell you that it is much closer than on the horizon. Much of higher Eds model relies on having students on campus paying rent, eating in cafeterias, etc. COVID has vastly accelerated the move to online education, which is mostly crappy BTW. Couple that with a noticeable decline in enrollment, especially in majors that dont result in decent jobs, and you have a bomb where the fuse has already gone inside the casing.

Flap
2022-05-01 05:59:59