Pindamonhangaba, Caraguatatuba, Itaquaquecetuba, Guaratinguetá.
Will the Occupy Wall St/We’re the 99% movement finally burst the education bubble?
Higher Ed costs in the US have been rising steadily for decades with many students and parents going into debt to pay for it. The main cause has been increasing demand for degrees while there hasn’t been a corresponding increase in supply. Rising costs of universities with salaries, labs and facilities is also a factor, but I think it’s minor.
A degree has always been regarded as a good investment, until now. A lot of the protesters are young people with degrees, a lot of debt who cannot get a job. We may have reached a turning point whereby the cost of the degree is no longer justifiable as an investment. People are making that clear in their “I’m the 99%” statements and I wonder if this will cause people to take pause and refuse to pay for the most expensive degrees.
