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Entry: The Great Education Bubble Link: http://www.takimag.com/blogs/article/the_great_education_bubble#26035 Post contents: As an incoming college freshman I must agree with Mr. Roach in the statements of the above article. Many schools(my own included) see college enrollment rates of 70 percent or higher, of which only a handful are to institutions in the upper echelons, such as the Ivies or schools like Carnegie Mellon or Rensalier. This inevitably leads to the failure of the hoards of "fringe students" who would never have thought to attend school in an earlier age. While it is true that the majority of upper echelon students are from the upper income brackets it must be noticed that a growing minority of such students come from the lower brackets. This minority, realized by the growth of standardized testing, is an obvious cause of the rising cost of education in that their, or shall I say our, so-called need for massive loans places the nation at a paradox: to tighten the market by raising the cost of debt or to foot the bill through loans and/or tax breaks and hope there isn't a wave of defaults. In all honesty, the latter part is a question of politics. I would like to ask Mr. Roach for his opinion of what shall realistically happen in the field of government assistance for those defaulting on student loans. Sent at: 2008 07 24