Mike Beversluis

Monday, January 04, 2010

Friends don't let friends

...go to graduate school

Just Don't Do It, to coin an anti-phrase.

Keep in mind that all of the recent End of Capitalism talk is going to be swamped by the recriminations that come once the higher-education tuition bubble pops.  Yes, this is sour grapes and schadenfreude cocktail on my part, but that doesn't change the fact that tuition (and for PhD's, years of apprenticeship / indentured labor) has grown far more than inflation over the last twenty years.  I'm certain enough of that to wonder how one could short the market, in a please pay me today for an Ivy-league degree and upper-class starter kit tomorrow sort of way...

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