July 23, 2012

"One-Third of Colleges Are on Financially 'Unsustainable' Path..."

"... and an additional 28 percent are 'at risk of slipping into an unsustainable condition.'"

10 comments:

damikesc said...

More of that vaunted Progressive intelligence we've heard so much about. Their preferences bankrupt governments AND colleges.

Good work.

edutcher said...

I keep remembering the pic of the girl Occupying Zuccotti, "I have a degree in Hispanic trans-gender studies, $85,000 in student debt, and I can't find a job".

Joe said...

They are vastly underestimating the insolvency of the current higher education system. The bottom line reality is that college certification is a fraud supported and sustained by the federal government, which has more to do with employing bureaucrats than in giving people a worthwhile education.

EMD said...

I keep telling you about the "no shit" tag. It would really come in handy on a post like this.

Of course, you may see it as a red flag for all potential readers to skip the post on the basis that this is general knowledge.

Peter said...

It would be an excellent start if one-third of all colleges go out of business. Far too many people are going to college.

A. Shmendrik said...

I'd say Prof. Althouse timed her career just about right!

wyo sis said...

Just like their graduates. Coincidence?

Bert said...

And yet Tuition's have skyrocketed over the past few decades. How can this be?

The Crack Emcee said...

And I'm accused of having a "problem," usually defined as wanting to be right all the time.

Uh-huh.

Joe Schmoe said...

Since the study was conducted by Bain Capital, college administrators will likely not even read its findings, let alone consider its merits for even a millisecond. And they can get away with that, because no one in their own little fiefdoms will question them about it.

This from the party of empiricism and science!