Showing posts with label Education Bubble. Show all posts
Showing posts with label Education Bubble. Show all posts

November 16, 2014

The Education Bubble: Perspectives of a Recent Grad




Education Bubble vs. Importance of Education

          "From 1976 to 2010, the prices of all commodities 

      rose 280%. The price of homes rose 400%

      Private education? A whopping 1,000%."




Introduction

             What is Money?  What is currency, what is trade?


[After defining currency] Tie in that because of future due to the high cost of education and the diminishing capabilities to get loans at reasonable interest rates Colleges and Universities are reaching further and wider to gain students. This is the basis of their revenue. Without new applicants or a marketable reason for someone in New York to attend school in California; or, someone in crowded London attend school in Rural Tennessee.

Concerning facts are China's one child law. Why? Chinese students are the highest percentage of Foreign Students "studying abroad" in the U.S. Thus, this is a revenue source that will dwindle and will hurt the Economy and is unlikely to aid if enrollment is down significantly. 

Next in line to take over the chain of command would be India.







http://www.huffingtonpost.com/michael-b-fishbein/9-striking-similarities-b_b_5062840.html