Christian & Law Schools Closing More Than Other Colleges?

May 10, 2014 12:57

Most things that get over-inflated (bubble pricing) pop or crash eventually. Not so with higher education for many years, but that may be changing.

I found this helpful article, among others:
davidstockmanscontracorner.com/the-higher-education-bubble-begins-to-pop/Most of the issues surrounding this are well discussed in this article. What I ( Read more... )

$$, religion, society, future

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paradigmspieces May 13 2014, 03:23:32 UTC
You are right. I work around lawyers and had a discussion about this trend. Law was considered the last "safe" job, so in absence of other opportunities, thousands of youngsters signed up for law school. Shakespeare was spinning in his grave for sure. The school closings may be signaling equilibrium is taking place.

The student loan debt bubble is insane. What is the point of getting a degree if one has to live in poverty for decades to pay off a loan? No light is at the end of the tunnel if the job market continues to stagnate or decline.

I took about half of my college courses online and then finished my degree in a brick and mortar college because some employers reject virtual college degrees. The online courses were *not* cheaper because the books (even electronic books) can be more expensive than the class itself. The media doesn't mention that opportunistic publishers are one of the main forces behind the parabolic rise in educational costs.

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lucretiasheart May 13 2014, 07:07:07 UTC
Your method was pretty smart! Online colleges are getting way cheaper (like I said, some accredited FREE versions are starting up just this year.) But yeah, to start, they were trying to rake it in, too.

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