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FROM WATCHDOGWIRE - FLORIDA

Last updated at May 25, 2013

The Higher Education Debt Bubble

June 29, 2012

by Dr. Richard Swier

America is facing a higher education bubble. Like the housing bubble, it is the product of cheap credit coupled with popular expectations of ever-increasing returns on investment, and as with housing prices, the cheap credit has caused college tuition to vastly outpace inflation and family incomes. Now this bubble is bursting.

Listen to Watchdog Wire Radio interview with Ed Pinto, Resident Fellow at the American Enterprise Institute, on the student loan bubble:

Ed Pinto, American Enterprise Institute, on the student debt bubble

Learn more at: http://www.encounterbooks.com/books/the-higher-education-bubble/

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