Will this be the next big bubble?

Some folks are wising up about the cost and value of a college education:

“You often hear the quote that you can’t put a price on ignorance,”
said Ezra Kazee, who has $29,000 in student debt and has been unable to
find a job since graduating from Winona State University in Minnesota
last May. “But with the way higher education is going, ignorance is
looking more and more affordable every day.

The article misses the worst part though:  many colleges have graduation rates under 50%, and lots of the drop-outs had student loans–so now they have no degree AND are deep in debt.

Tip from the Instapundit.

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