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Higher education is in a bubble, and bubbles burst. Will it be as bad as the housing meltdown and financial collapse 2008-09? That’s hard to say. Mega-banks aren’t bundling and selling worthless college degrees; those losses are left to fall on individual families and graduates – many of whom are saddled with debt that will impede their ability to build wealth for decades – and perhaps for their entire lives.

Source: Is online college about to skyrocket?