While I am learning graduate school/higher education is about transitioning from "knowledge consumer" to "knowledge producer", also think there is some truth to "Education Bubble" may be next bubble to burst after real-estate. And following was good thought provoking blog I read on the Economist.
http://www.economist.com/blogs/lexington/2011/04/higher_education?fsrc=scn/fb/wl/bl/isitreallythenextbubble
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