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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: benwood who wrote (51153)1/24/2006 12:57:36 PM
From: GST  Read Replies (1) of 110194
 
Universities are also covering a higher percentage of their costs via tuition as state schools see their funding from government cut. Elite schools are also charging a premium for "in demand" professional programs. The idea here is to force people to look at tuition as an investment with an ROI. Higher tuition allocates a scarce resource with a market value. A national survey of MBA salaries last week put starting salaries at an average of $106,000 last year and expected to pop another ten percent this year. This is not coming down any time soon. People without education will acquire a new title in society: The working poor.
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