[lbo-talk] education bubble

[Wojtek S]

[WS:] An interesting comparison, indeed.  However, it begs the question: "if
higher education bubble is much bigger than housing bubble, why has not it
burst yet as the housing bubble has?  The default rate on student loans is
going up, reaching 40% on the high end of the market
http://chronicle.com/article/Many-More-Students-Are/66223/, so the bubble
should have burst by now, no?  If 40% of home loans defaulted, it would be a
national catastrophe on a far greater scale than the "great recession."

Wojtek

On Thu, Sep 9, 2010 at 11:25 AM, <123hop at comcast.net> wrote:


> Interesting: chart showing education bubble compared to housing bubble.
>
> http://blog.american.com/?source=patrick.net&p=19189#logo-n-tagline
>
> Joanna
> ___________________________________
> http://mailman.lbo-talk.org/mailman/listinfo/lbo-talk
>