The higher education bubble

posted by
August 25, 2011
Adam Smith Institute
by Sam Bowman  
Posted in Commentary

"Where a bachelor’s degree once set people apart from the crowd, now it’s a master’s degree. Some day, I’m sure a PhD will be the minimum. Standards have fallen and costs have risen as the bubble grows. Once, everybody wanted to own expensive tulips. Today, people are putting their money into letters after their name." (08/25/11)  


Our Sponsors