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Recipe For A Market Bubble

August 18, 2013

Combine perceived necessity with available credit, add in a pinch of price gouging. Cover and wait.

Of course this describes the housing market bubble, just like every one that came before. It also describes the current state of the higher education industry.

What happens when it’s not just financial markets that collapse, but the very system that is supposed to be responsible for the continuation of our society and culture and crafting the minds of our thought leaders?

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