Higher education bubble: Glenn Reynolds

Here‘s a useful example of the higher education bubble argument.  The author is Glenn Reynolds, a law professor and leading conservative blogger.

Reynolds sees a campus bubble inflated by government support (loans, especially) and campus leaders (“like the writers of subprime mortgages a few years ago, got their money up front, with any problems in payment falling on someone else”) .

What a bubble bursting looks like: possibly alternatives to college (Reynolds cites apprenticeships).  Possibly curricular contraction.

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