Agreed. There are similarities between the higher ed and housing bubble: * Lots of quick money available * Government loans and programs, * Speculation abou

Agreed. There are similarities between the higher ed and housing bubble: * Lots of quick money available * Government loans and programs, * Speculation about the relative return on investment that does not match the observed reality But a house is an asset with a specific tangible transferable value. A college degree is a certification and not transferable in any specific way. It muddies the waters to see the bubbles as identical, and it suggests that they will resolve themselves in exactly the same way (which is at least questionable).