Professor Elam

Monday June 11, 2012

Academic Research suggests a link between Federal Loans and rising tuition.  Gee really?

And in a related article, Law Schools cut admissions.

The first article highlights a 32 year old Mom with kids that racked up $60,000 obtaining a management degree from the University of Phoenix. She has the same job and salary as before she got the degree. 

Hardly a week goes by that I do not see another article on this topic. When this bubble bursts there will not be any collateral to repossess.