Friday 10 January 2014

How the College Bubble Will Pop



Richard Vedder ( an adjunct scholar at the American Entreprise Institute, a teacher at Ohio University, and the director of Center for College Affordability and Productivity) and his student at Ohio University, Christopher Denhart discuss how despite education being promoted as the ticket to economic success, college enrollment has fallen.  

The article, titled, "How the College Bubble Will Pop" published in the Wall Street Journal on January 8 2014,  states:

Yet despite such exhortations, total college enrollment has fallen by 1.5% since 2012. What's causing the decline? While changing demographics—specifically, a birth dearth in the mid-1990s—accounts for some of the shift, robust foreign enrollment offsets that lack. The answer is simple: The benefits of a degree are declining while costs rise.

You can read the full story here.  

Thank you to Katie Day at UWCSEA East Library for passing on this article. 

No comments:

Post a Comment