Friday, May 23, 2014
Is college a bubble?: LISTEN TO THIS BEFORE YOU GO TO COLLEGE!
Glenn Roynolds, author of the popular instapundit blog thinks higher education, and college in particular, shares characteristics of an asset bubble: rapid price increases and borrowing to finance it. His advice for students: (i) do not borrow; and (ii) major in something that will pay (engineering or nursing, not women's studies or art history)