Chronotope’s avatarChronotope’s Twitter Archive—№ 47,100

          1. The collapse of sketchy for-profit universities is basically the beginning of the end. It signals a collapse of the Academia bubble.
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        1. …in reply to @Chronotope
          In a big way these for-profits only ran because they could continually increase enrollment, basically a huge Ponzi scheme.
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      1. …in reply to @Chronotope
        The just-beginning cadre of failing for-profit universities is an indicator that enrollment numbers and t/f costs are dropping.
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    1. …in reply to @Chronotope
      For a while, the drop will be absorbed by for-profit unis going bankrupt, as they took in the least willing and least profitable students.
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  1. …in reply to @Chronotope
    But eventually it will hit traditional universities, who will have to start liquidating endowment investments if they want to stay afloat.
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    1. …in reply to @Chronotope
      One of the things they will liquidate will be real estate, that will cause the RE market to drop, then... ? Nothing good.
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