Comments on: The University Has No Clothes https://www.isegoria.net/2011/05/the-university-has-no-clothes/ From the ancient Greek for equality in freedom of speech; an eclectic mix of thoughts, large and small Thu, 16 Jul 2026 02:39:25 +0000 hourly 1 http://wordpress.org/?v=3.6.1 By: Isegoria https://www.isegoria.net/2011/05/the-university-has-no-clothes/comment-page-1/#comment-210020 Isegoria Mon, 16 May 2011 19:10:12 +0000 http://www.isegoria.net/?p=24820#comment-210020 Yes, watching the educational bubble pop could get very interesting.

A rational response, which we likely won’t see, would be an enormous drop in non-STEM degrees pursued and some recognition that not everyone is cut out for every program that will take their money for a semester or two.

]]> By: Ben https://www.isegoria.net/2011/05/the-university-has-no-clothes/comment-page-1/#comment-209678 Ben Mon, 16 May 2011 13:45:07 +0000 http://www.isegoria.net/?p=24820#comment-209678 Student loan debt now exceeds outstanding credit card debt. (Schumpeter, 15 Apr Economist)

On a per-school basis, as much as 90% of the paying customers are paying with federal funds, or federally-guaranteed funds. Crossing the federally-mandated 90/10 boundary (feds can’t guarantee more than 90% of school funds) is one reason schools raise the tuition of their paying clients. (Colleges Scramble to Avoid Violating Federal-Aid Limit)

Lovely, eh?

Meanwhile, have you tried to have a conversation that lasts more than three sentences lately? “He’s dead, Jim!”

Wonder what the sound of this bubble popping will sound like?

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