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Now in 993 land ...
Join Date: Mar 2003
Location: L.A.-> SF Bay Area
Posts: 14,891
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What Rick said. The easily available money has allowed tuition to balloon. It is much like the housing bubble in that sense. But what's missing is that people can default on student loans. Unless they can, money will remain easily available and the cycle will continue.
On the flip side, with every level of college you have, chances of being unemployed go down dramatically. Have a professional or doctorate degree and you are sub 3% unemployment rate, even when the general population is at 10%. That's worth a lot. Of course even the Ph.D. shouldn't be in basket weaving.
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97 993
81 SC (sold)
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