College Tuition: The Next Bubble to Burst

<p>I thought this article was very relevant in the Nytimes…</p>

<p>[Education</a> Dept. Delays Rules on For-Profit Colleges - NYTimes.com](<a href=“Education Dept. Delays Rules on For-Profit Colleges - The New York Times”>Education Dept. Delays Rules on For-Profit Colleges - The New York Times)</p>

<p>Basically, the issue is whether the government stops extending student loans to students that can’t pay the loans back for “for profit” schools. The government want to change the laws for the “for profit” schools because its students are very likely to default.</p>

<p>This may be how the “bubble” actually bursts. If the government can stop extending student loans to “for profit” school’s students unless the university can show that the student can pay the money back, the government can stop extending student loans to students from all universities using the same criteria of ability to pay the loans back. If the government does this…well, that would be big…very big.</p>