Everytime someone talks about college being a bubble, people get offended because they think the thesis says their degree is not as valuable. That is not the p

Everytime someone talks about college being a bubble, people get offended because they think the thesis says their degree is not as valuable. That is not the point-- you've got 3 different angles: the opportunity cost vs future income, the actual market price of college debt (think mortgages), and uni tuition vs. overall demand. I know this because I talked about this last year and caught a lot of flak for the argument. My thesis can be seen here: http://bit.ly/bUCfec http://bit.ly/bUCfec