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kleinbl00  ·  2210 days ago  ·  link  ·    ·  parent  ·  post: Polarizing Plutocracy - Our Broken Higher Education System

Rather hyperbolic. The statistics quoted are accurate, but it's unfair to say that market forces aren't working.

- tuition is out of control. Taxpayers bitch. Administration steps in with moderate controls on student loans.

- tuition is out of control. Students can't pay it. Colleges discount 40-60% off sticker prices.

- graduation rates are low. Eventually large swaths of the for-profit colleges' prospective students hear horror stories from friends, relatives and neighbors. Rates are dropping.

- system is calcified. Online degree programs flourish and all universities experiment with/roll out mixed-model classes.

I've linked to it before but I haven't actually recommended it: College Un-Bound is a pretty damn good book. I wholeheartedly recommend it, particularly to someone getting serious about an MBA.