Will Higher Education Be the Next Bubble to Burst? (from the Chronicle of Higher Education, 2009)
may eventually be answered by this:
Financial Crisis Observatory
The first article definitely resonates, but when hearing predictions of future events I do get reminded of other articles, like The Online Education Bubble… from 2001. So just because people are saying something will happen doesn’t make it true. As someone who is interested in eventually starting an educational institution, I’d really like to link 1 and link 2 interact and hear a prediction. It would be especially interesting to see in the arena of online education, which I’ve heard folks say may also be in a bubble state. (No link for that one; that’s just hearsay.) It has such tremendous growth that even large institutions are starting to take it seriously, years after substantial meta-research on its effectiveness. See my previous post about education as an evolved organism .
If you want to hear a little more about link #2, check out this entry from the arXiv blog: Econophysicist Accurately Forecasts Gold Price Collapse . If you’re a sci-fi fan, you should also consider this link: http://asimov.wikia.com/wiki/Psychohistory .