Thursday, November 17, 2011

Is Going to College Worth the Investment?

We are experiencing something of a bubble in education...a bubble as pernicious as the bubbles we had in technology in the 1990s and in housing in the 2000s.
--PayPal co-founder Peter Thiel

In every study that's been done, the data are black and white. College greatly enhances the earnings potential.
--Educator and entrepreneur Vivek Wadhwa

There's an entire middle ground. You want to provide the opportunity for people to make the choice that's right for them.
--Wharton marketing professor Eric Bradlow

The value of a college education is under attack. While more U.S. students are enrolled than ever before, a perfect storm of soaring costs, rising student debt and shrinking job prospects have led critics to increasingly challenge whether college remains a worthwhile investment. Among those leading the attack is PayPal co-founder Peter Thiel, who charges that higher education has become a dangerous bubble.

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