View Full Version : Shorting higher education
quigleydoor
08-19-09, 01:37 PM
I live in the Boston area, where people haven't felt the economic downturn as much as in other places. With the school year starting soon, it's becoming more obvious again how much of our local economy depends on education system financing.
So I'm starting a thread to see if anyone has bright ideas on how to hedge against the collapse of this part of the debt bubble.
(Not sure if this belongs in the Rumors forum. I'm a freeloader here so I can't contribute to most fora on the site.)
flintlock
08-29-09, 08:10 PM
I can't help but think the higher cost schools are going to become more and more out of reach for the average American. And State budgets are already at the breaking point. So where will the money come from?
jpatter666
08-29-09, 08:25 PM
I can't help but think the higher cost schools are going to become more and more out of reach for the average American. And State budgets are already at the breaking point. So where will the money come from?
Part of it will come from schools getting back to basics and concentrating on education instead of participating in a "benefits" arms race. New social centers, stadiums, restaurant areas, climbing walls, etc. I visited an alma mater of mine that had done many of these things -- while my old classrooms and labs were falling into disrepair.
I've thrown all their letters pleading for alumni assistance directly into the trash since.
Verrocchio
08-29-09, 09:34 PM
So I'm starting a thread to see if anyone has bright ideas on how to hedge against the collapse of this part of the debt bubble.
Let's hope the Washington DC pinheads can figure out that this is one debt bubble that they'd better keep inflated. If they don't get this one right, college kids will end in the ranks of the unemployed. History is replete with examples of major social upheaval caused by unhappy young men and women without a future.
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