The College Bubble and the Public Defunding of Colleges | Rortybomb

The College Bubble and the Public Defunding of Colleges | Rortybomb.

The key insight of this article:

The debt that is fueling the current costs of college are the result of a long-term set of decisions to shift the costs away from taxpayers and towards debt burdens for individual students.

If there is an education bubble (and I’m skeptical), it is important to recognize that it is willful defunding of an essential public good.

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