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College and University Discussion
Reply to "Hypothesis: Peak UVA"
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[quote=Anonymous][quote]Good thread. Don't mind the haters who diss you for providing a thread with thought and content while they themselves add nothing. How is the higher ed bubble going to burst?[/quote] Thank you. By bubble I mean an unsustainable increase in the costs and numbers of kids going to college. Probably too many go as it is and the cost/reward ratio is getting ever more difficult to countenance for many families. You see the bubble bursting already at directional schools in the midwest and among small, private LAC's all over the country. If the number of graduating seniors continues to decline, as it is estimated to, the financial situations of more schools will become precarious. I believe the situation will affect all schools except those at the very top. The question is is UVA one of those. If you think about it does it seem logical that we would push our high schoolers, who are already under tremendous pressure, to take yet more AP's for example? In 10 years will 20 be the new normal? I don't think so. The whole insanity is peaking right now. Now add AI into the equation. If it comes to pass that 50% of all current jobs are indeed eliminated, even MD and JD jobs, what will the cost/reward ratio of going to college be like? Don't get trapped into current thinking. History only traces a curve up to the point of the present. [/quote]
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