On today's show (I was driving down to Hanscom AFB) Rush Limbaugh was talking about "the greed of big education". He noted that 36 University Presidents are making a million dollars or more each year. This fits in with an early morning [Lowell] Sun headline on former UMass President Jack Wilson receiving $425Gs while on a year long sabbatical.
People are talking about the education bubble, like they used to talk about the tulip bubble or the housing bubble. Experience shows that all bubbles burst. Here is one comment. And another.
As Rush asks, where is OWS on this? And the Democrats?
At least people of a certain age can still get Continuing Educations Courses at UMass Lowell for $30, plus books—as long as the class isn't on-line. A "color of money" issue. I mentioned this "color of money" dodge to the Chancellor one Sunday morning. That was right before he moved to Andover. I haven't seen him in the neighborhood since.
Regards — Cliff