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Topic: The Shape of Things to Come
Replies: 4   Last Post: Nov 19, 2012 10:48 PM

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Robert Hansen

Posts: 7,186
From: Florida
Registered: 6/22/09
The Shape of Things to Come
Posted: Nov 18, 2012 11:23 AM
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This is what I wonder about, regarding the bubble in higher education...

http://news.yahoo.com/chalk-blackboard-teargas-italy-protests-start-school-120657660.html

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.

Bob Hansen



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