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The Prohibitive Cost of Higher Education: A Racket?

Posted by Larry Doyle on April 10th, 2012 7:04 AM |

I have often thought, “If education is expensive, try ignorance.”

I strongly believe that the key to future prosperity is a quality education. That said, there is increasing evidence that the costs connected to higher education have ratcheted higher at an unsustainable pace. I initially addressed this critically important topic a year ago in a commentary entitledAre Student Loans an Impending Bubble? Is Higher Education a Scam?. I wrote then:

I am a huge proponent of the need for quality education in our nation. That said, as this expose reveals there are MANY serious problems, conflicts of interest, and assorted other issues in higher education today. A racket, you might ask? Yes, in a manner of speaking, there are certainly elements of a racket within higher education today.

I welcome readdressing this topic today.  (more…)






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