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College and University Discussion
Reply to "Why you may not need to save for college any more"
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[quote=Anonymous]The only people who talk about the "higher education bubble" are people who didn't go to college. Education is not just about vocational skills. That's why Harvard does not offer an accounting or pharmacy major. Putting aside the critical thinking skills, it confers social status, social capital, and access to valuable networks. If the middle class starts to rely on cheap online colleges, the less they will benefit from the social capital and status advantages of higher education. And, the Ivies will become even more exclusive and competitive and more valuable in terms of life options/open doors. [/quote]
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