Mister C

A Second Look at Educational Services and Student Lending Problems

The tech bubble was a corporate driven recession unlike today's recession which is consumer driven. I'm doing an MBA and I just dropped my summer class.

Guess what, 2 other students in my class did the same.

Why? The college jacked up tuition by $140 per class. This means that I have to pay an additional $420 for my last 3 classes (1 in summer, 2 in fall).

Mind you, I've got no student debt and I'm a professional.

Credit crunch and inflation will kill the educational sector, which has been one of the few sectors adding jobs. I believe enrollment will drop and drop-outs will increase.