I’ve written here before about the unsustainability of soaring college tuitions for degrees of increasingly dubious value. I’ve also predicted that all colleges will eventually wholesale degrees online, with upscale, brand-name sheepskins from the likes of Harvard, Princeton, Stanford and Yale going for around $10,000 in today’s dollars. At the same time, schools like University of Phoenix that impart professionally useful skills to students will continue to flourish, notwithstanding the sleazy, hypocritical efforts of the college establishment to suppress competition by monoplizing accreditation standards and procedures. For an interesting take on this subject, click here for America’s College Bubble Next to Burst.
