The higher education Bubble

April 15, 2011



If you understand this then you were, for the most part, part of the blue line. Prices of education is long due over to burst. It’s reported that student debt in the USA is approaching a trillion dollars, five times what it was ten years ago. One thing for sure though is you cant just maneuver your way out from educational loans by declaring bankruptcy. Mind you that this is way worse than a bad end of a mortgage.

graph @CAPE DIEM