‘Higher Education Bubble’ is about to burst
Many parents and the children they send to college are paying rapidly rising prices for something of declining quality. This is because “quality” is not synonymous with “value.”
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Many parents and the children they send to college are paying rapidly rising prices for something of declining quality. This is because “quality” is not synonymous with “value.”
For Bill Zandi, the son of Moody's Analytics Chief Economist Mark Zandi, enrolling as a student at a prestigious private institution like Wake Forest University was less surprising than the student's choice of major: philosophy.