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Investment Analysis Clubs / Macro Economic Trends and Risks
|Subject: Re: Value of College||Date: 2/10/2013 11:44 PM|
|Author: KlangFool||Number: 415555 of 514471|
He is a professor of Economics and he does not understand Basic Economy.
Everything has a price. And, the worth of something is DIFFERENT between people. College education may worth 200K to some people but it may worth a lot less to others.
Basic rule of supply and demand.
College tuition bubble will burst. It is just a matter of time. When the REAL INCOME of college graduate has not gone up, why should the college education tuition rise faster than inflation?? This had gone on long enough because of student loan. But, it will end just like the Real Estate bubble.
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