The law school bubble has popped, says The Atlantic.
Meanwhile, WSJ offers a well-timed update on the state of student-loan debt:
Total student debt outstanding appears to have surpassed $1 trillion late last year, said officials at the Consumer Financial Protection Bureau, a federal agency created in the wake of the financial crisis. That would be roughly 16% higher than an estimate earlier this year by the Federal Reserve Bank of New York.
Are these indicators of a larger higher education bubble? We may soon find out.
Read our feature story from the winter 2012 issue to learn more about how a higher ed bubble could affect fraternities and sororities. Here’s a snippet:
If there is a higher education bubble, and if it bursts, tapping a network of support will be even more important as a growing number of applicants seek a relatively fewer number of jobs. The social skills absorbed from fraternity membership, combined with the applied career and life skills learned from the LEAD program, will give an edge to the members who took full advantage.