I think community colleges are a good barometer because they serve people who can't afford to attend a better school. Therefore, when you see them raising prices just to stay afloat, it's a sign that the whole college bubble is fixing to pop, because they cannot get away with that the way fancier schools can. Poor people don't have the money and even loansharks will only pretend to give them a certain amount. The community colleges will price themselves out of the market, people will stop attending in droves, and employers will have to hire workers without a degree or leave the work undone. And then people at the fancy colleges will wonder why poor people are getting away with that while they're still selling their souls, and jump the fence too.
Eventually it collapses down to college only for professions that need it.
Well...
Date: 2017-09-19 06:43 pm (UTC)Eventually it collapses down to college only for professions that need it.