• HobbitFoot @thelemmy.club
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    1 year ago

    Yeah, but the pain isn’t going to be universal. For profit universities aren’t doing well already and I expect them to do worse over time. I expect a lot of non-profit private liberal arts universities to go bankrupt unless they turn into foreign student visa centers. There will probably be some consolidation of public universities, but nothing really bad.

    I expect college to get a lot cheaper as the available student pool doesn’t recover from the millennial echo boom.

    • duderium [he/him]@hexbear.net
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      1 year ago

      I expect college to get a lot cheaper as the available student pool doesn’t recover from the millennial echo boom.

      “The market will self-correct,” I tell myself, despite all evidence to the contrary (the total lack of an incentive for monopoly capital to lower prices in a bourgeois dictatorship). “The market will self-correct. The market cannot fail us. Only we can fail the market.”