PayPal Founder and Billionaire Investor, Peter Thiel has written quite convincingly about the "Higher Education Bubble."
http://techcrunch.com/2011/04/10/peter-thiel-were-in-a-bubble-and-its-not-the-internet-its-higher-education/
This most recent posting in Above the Law highlights a scenario of imminent mass defaults of student loans, due to the poor job market and over leveraged students.
http://abovethelaw.com/2011/08/the-student-loan-bubble-only-stupid-people-will-be-surprised-when-it-bursts/#more-90933
Thursday, August 18, 2011
The Coming Burst of the Higher Education Bubble
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