Note from the Editor: This educational infographic is of great importance and is a great piece of knowledge for students and parents alike. Read this carefully and you will really begin to understand how this is a serious issue part of a far greater problem.
It doesn’t take a rocket scientist to know that the cost of college is rising, but could higher education be the biggest bubble since the housing crisis? According to recent stats, it very well might be.
Bubbles form when the price of investment increases out of proportion to its real value, and finally bursts when the return on those investments decrease. It’s not hard to see this potentially taking place with higher education. As the cost of college rapidly increases, the student debt inevitably goes up. If students can’t find employment to pay off these investments…well, then we could be in some pretty big trouble.
The two graphics below (part 1 and part 2) provide some pretty compelling data to support this idea. Take a look below, and feel free share your thoughts, comments, and suggestions with us.