Not With A Pop, But With A Hiss, The Higher-Education Price Bubble Is Deflating

Derek Thompson: “Altogether, the numbers paint a clear picture: The higher-education market is not bursting, like a popped soap bubble; but it is leaking, like a pierced balloon. What’s going on? The explanation is a little bit of weak demand, a little bit of over-supply, a big crackdown on for-profit colleges, and, perhaps, a subtle shift in culture.”