Student Loans: A Crisis in Waiting?
http://www.mainstreet.com/article/moneyinvesting/education-planning/student-loans-crisis-waiting“Despite all of the attention that house prices receive, it is noteworthy that even during the housing bubble, real estate appreciation was far exceeded by the growth rate in tuition,” Moody’s explains in the report. “Fears of a bubble in educational spending are not without merit.”
Indeed, tuition costs have increased at a far greater rate than housing, energy and health care costs, as well as the overall rate of inflation. To make matters worse, student enrollment in for-profit schools has increased steadily as well, even though these are typically more expensive. In 2009, just more than 9% of people enrolled in college were at for-profit schools, twice the proportion five years prior.