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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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In a big way these for-profits only ran because they could continually increase enrollment, basically a huge Ponzi scheme.
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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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By 'costs' I mean the cost that potential students are willing to put up with.
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