Wednesday, June 3, 2015

Subprime Education

Professor Jerry Hathaway: When you first started at Pacific Tech you were well on your way to becoming another Einstein and then you know what happened?
Chris Knight: I got a haircut?
--Real Genius

College students would stand better informed if they heard this 'commencement speech' by George Will. Preferably years before commencement, of course. High school, even junior high, would not be too early.



While the previous real estate bubble created the subprime mortgage, the current higher ed bubble has created the subprime education.

Superb analogy.

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