Monday, April 11, 2011...2:40 pm

Hedge fund manager says higher education is a “bubble”

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Here’s a fascinating piece about the over-priced and over-blown higher education market in the US.

Killer quote by very successful hedge fund manager Peter Thiel:

It’s actually worse than a bad mortgage. You have to get rid of the future you wanted to pay off all the debt from the fancy school that was supposed to give you that future.

Students planning on paying that £9,000 a year for tuition in the UK – maybe think about following Thiel’s suggestion of ploughing that money into a start-up company instead…

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