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[quote=Anonymous][quote=Anonymous]OP here. Thanks for all the (mostly) thoughtful responses. I think what bothers me looking down the road is that this has all the signs of a bubble: overvaluation, artificial scarcity, lack of regulation, cheating, etc. It's not an investment I would otherwise make. The value just isn't there, perhaps aside from a number of STEM programs.

My kids aren't trust fund kids. Anything spent on their education is earned by us, or is a loan. The whole approach to this seems crazy to me -- no transparency, corruption, very little concrete ability to perceive value. And the idea of just hand-waving how the "education" is worth it just seems like so much marketing fluff from this distance.[/quote]

Move to Canada.  (but, honestly: did you go to college?  It must have been a pretty sh*** one, to leave you feeling it was valueless.  Let us know where it was, so we don't send our kids there.  And gosh... there is no scarcity of colleges.  There are 5300 in the US.  That's 100 per state.  And of course there is regulation.  https://www2.ed.gov/admins/finaid/accred/accreditation.html.  I think you must be drinking some kool-aid.  Although I do agree it is overpriced and not for everyone.  If you are good with your hands, plumbers make a lot of money)[/quote]

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