"And what about the cost of formal education? Public university tuition was up 8.3% just last year.
With these continuing cost increases in higher ed, it's like they’re completely oblivious to the fact that the world has fundamentally changed.
The return on higher education, particularly in the second and third tier, has plummeted in the last 36 months. There's a little bit of masking happening with effectively 20% unemployment, but this is going to change faster than most people realize.
A lot of people out there are going to go, "Why the heck would I spend $100K when I can get what I want to learn, and how I want to learn it, online?""
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