>Of course there's a connection. A connection, yes, but not a feedback loop. A drop in the value of a degree does not lead to everyone panic-selling their degr

>Of course there's a connection. A connection, yes, but not a feedback loop. A drop in the value of a degree does not lead to everyone panic-selling their degree. What you're describing is simple ROI---as the return on the education investment declines, people reduce their investment in degrees. But falling tuition does not further reduce the ROI, as in the case of housing where there is a general expectation of appreciation, and therefore, speculation.