The Reynolds, Glenn H. (Glenn Harlan) 1960- creator text nyu New York Encounter Books c2012 2012 1st American ed. monographic eng

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48 pages : illustrations ; 18 cm. America is facing a higher education bubble. Like the housing bubble, it is the product of cheap credit coupled with popular expectations of ever-increasing returns on investment, and as with housing prices, the cheap credit has caused college tuitions to vastly out-pace inflation and family incomes. Now this bubble is bursting. In this book, Glenn Harlan Reynolds explains the causes and effects of this bubble and the steps colleges and universities must take to ensure their survival. Many graduates are unable to secure employment sufficient to pay off their loans, which are usually not dischargeable in bankruptcy. As students become less willing to incur debt for education, colleges and universities will have to adapt to a new world of cost pressures and declining public support. Reynolds also provides advice for students, parents, alumni, and taxpayers on how to deal with this coming crisis. Glenn H. Reynolds. Cover title. n-us--- Education, Higher United States Educación superior Estados Unidos Educational change United States Cambio educativo Estados Unidos College costs United States Educación superior Costos Estados Unidos LA 227.4 R463h 2012 378.73 9781594036651 (pbk. : alk. paper) 1594036659 (pbk. : alk. paper) 9781594036668 2012015017 DLC 120427 20250901124119.0 17276179 eng