http://online.wsj.com/article/SB124753606193236373.html

Quote:Obama Plans Community-College Initiative

http://roomfordebate.blogs.nytimes.com/2...ree-worth/

Quote:The Education Bubble
Mark C. Taylor, the chairman of the religion department at Columbia University,

The next bubble to burst will be the education bubble. Make no mistake about it, education is big business and, like other big businesses, it is in big trouble. What people outside the education bubble don’t realize and people inside won’t admit is that many colleges and universities are in the same position that major banks and financial institutions are: their assets (endowments down 30-40 percent this year) are plummeting, their liabilities (debts) are growing, most of their costs are fixed and rising, and their income (return on investments, support from government and private donations, etc.) is falling.

But don't forget, educators, and that includes profs at comm colleges, largely support Dems. Gotta give the paybacks.