The Great College Bubble

Posted on June 21, 2012 by Stan Guthrie

By GEOFFREY NORMAN

The high price of higher education and the availability of government loan programs have tempted many young people to take on far too much debt, which was predictable and forgivable. The institutions raised their prices which was also predictable and less forgivable. What followed was something troublingly similar to the housing bubble. Easy credit led to excessive borrowing. People took on more education than they could afford and learned that the college degree they’d been sold as empowering was, in fact, enslaving.

About Stan Guthrie

Stan Guthrie is an editor at large for Christianity Today magazine and for the Chuck Colson Center for Christian Worldview. His latest book is God's Story in 66 Verses. He also is author of All that Jesus Asks: How His Questions Can Teach and Transform Us, Missions in the Third Millennium: 21 Key Trends for the 21st Century, and A Concise Guide to Bible Prophecy. He is co-author of The Sacrament of Evangelism. Besides authoring, writing, and editing books, Stan is a literary agent, bringing together good authors, good books, and good publishers. Stan writes the monthly Priorities colum for BreakPoint.org. He has appeared on National Public Radio's €œTell Me More,€ WGN's Milt Rosenberg program, and many Christian shows, including The Eric Metaxas Show and Moody Radio'€™s €œNew Day Florida.€ A licensed minister and an inspirational speaker, he served as moderator for the Christian Book Expo panel discussion, Does the God of Christianity Exist, and What Difference Does It Make?
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