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Reply to "Speculate please - cost of college 18 years from now"
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[quote=Anonymous]There are two contradictory forces: 1. Technology is making information/learning much easier and more accessible. You will be able to access excellent lectures by world experts for very little money. 2. Wealth is being increasingly concentrated in fewer hands, and social mobility is being reduced. The elite will spend a fortune to buy their way in to the most expensive universities and colleges and thereby signal their appropriateness for the small minority of jobs that will pay lucrative salaries. Who knows how all this will play out. I suspect we will be left with a smaller number of extremely expensive colleges (that may provide generous financial aid for the bright but poor), and then a large number of factories that provide a good education for less money, but that don't necessarily guarantee you access to the best jobs.[/quote]
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