In May 2011, Peter Thiel—PayPal co-founder, venture capitalist, and a member of Facebook’s board of directors—predicted that higher education would be the next bubble to burst. According to Thiel, higher education in America bears the same markings as the technology and housing bubbles that preceded it: unbridled investment, wildly overvalued assets, and a lower rate of return than in years past. Like all economic bubbles, Thiel argues that higher education is destined for disaster.
I am ALL for higher education and these infographics and video give us all pause to think through the costs of education. Online education can help trim costs and offer an excellent education.
Created By: Education News