Heaven forbid they just lower tuition.

[cardiacclep]

I believe we are on the verge of the student loan and tuition bubble bursting. The next financial crisis.

There is a lot of money tied up in student loans that cannot be defaulted on. Feels like the bubble should have happened by now but maybe it might be like a slow bleed type of economic impact because of minimum payments and probably less drastic as home evictions seen in 2008.  I am enjoying seeing unethical schools like Everest and U of P getting destroyed finally. The market might be finally self correcting but it is hard to turn around this ship. I wish reputable state schools would accept or create their own Straighterline type of courses. Individual courses have little ROI compared to cost.....we pay for the aggregate (the degree). People taking an online psychology 101 know there is no need to be paying more than Straigterline prices as this point. Will market pressures actually make colleges adapt is the big question.