<p>“That remains to be seen. Personally - I thought the $50,000 mark would be a deal breaker - and that colleges who chose to cross that line in the sand would see a drop in apps. Nope. Now we are approaching $60,000 - I have no doubt that a number of schools will break the $60,000 barrier in 2011-2012 and more in 2012-13 - Wake among them. Will apps drop? If history is our guide - nope.”</p>
<p>A lot of people said the same thing about housing prices, but that bubble burst.</p>