I keep reading confident assertions that a "higher ed bubble" exists. These assertions are usually linked to either techno-utopian predictions or anecdotal/skewed information to back it up. So it seems to me a bet is in order.
If, in fact, there really is a higher ed bubble, it should pop before 2020. And if it does, then tuition prices for college should plummet. So who wants to bet me that an average of the 2020 tuition rates at Stanford, Williams, Texas A&M, and UMass-Lowell will be lower in 2020 than today? That's a nice distribution of private and public schools, elite and not-quite-as-elite colleges. Surely, true believers in a higher ed bubble would expect tuition rates at those schools to fall. I really don't think that will be the case. Anyone who believes in a higher ed bubble should be happy to take the other side of that bet.