The lockdowns appear to have made a long-term dent in US college’s capacity to extract rent from their students. The entire system lives and breathes on extreme rent extraction and debt bondage. Worth watching closely. https://t.co/UUQxtG9VNN

The bubble of low-performing schools in the US is starting to deflate: starting with for-profit schools, which show alarmingly low effect on income among students, like Corinthians Colleges in recent years.

We’ve recently had this big debate over whether or not college loans should be forgiven. The conversation has all been around “is it fair to burden kids with so much debt or is it fair to effectively punish the people who repaid their loans?” I think both of those are besides the point. The real issue is that the value proposition of going to

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