Date: Nov 18, 2012 11:23 AM
Author: Robert Hansen
Subject: The Shape of Things to Come
This is what I wonder about, regarding the bubble in higher education...
Italy's students are protesting education cuts because education is the path to a better income. However, the unemployment rate for graduates is 35%. And a recent Harvard study here showed that since 2005 half of the graduates were either unemployed or underemployed. Bottom line, education operates under the same supply v demand laws as any other endeavor that costs money.