<p>So you are saying that if you have to go into debt to go to X college you shouldn’t go? You realize there is a big portion of students at VU taking out loans right? How many students at VU currently take out loans to go to VU? 1/5, 1/4, 1/3? What would happen if 33% of VU’s entire student population just went away? </p>
<p>Student currently in college, their parents, and worst of all college admins have completely unrealistic expectations of what their degree is worth and what the economy will support with regards to wages. Here’s the reality of our economy:</p>
<p><a href=“http://assets.theatlantic.com/static/mt/assets/business/earnings%20growth%20mishel.png[/url]”>http://assets.theatlantic.com/static/mt/assets/business/earnings%20growth%20mishel.png</a></p>
![http://assets.theatlantic.com/static/mt/assets/business/earnings%20growth%20mishel.png[/url]](http://assets.theatlantic.com/static/mt/assets/business/earnings%20growth%20mishel.png%5B/url%5D){kind=link}
<p>Wages for 90% of Americans’ wages continue to stagnate yet universities continue to push the hype of their product and drive up the cost of their schools beyond the rate of inflation. Colleges and universities have created a giant bubble that’s exploding in the face of their grads. VU is nodifferent except it costs a hell of a lot more than a lot of other schools. That’s because they’ve been transformed from institutions of higher learning to nothing more than businesses and investment firms that are bent on improving their bottom line, their overall net worth, and the appearance of their campuses. How exactly does VU lose almost 25% of its endowment in 2008? That’s because they were gambling on the stock market and probably also in realestate, all backed by the never ending supply of government backed student loan tuition money, when it blew up.</p>