Higher Ed's Problem: They Keep Charging More For Something Worth Less
![](https://www.sayanythingblog.com/wp-content/uploads/2013/01/tuition_s640x426-640x360.jpg)
College degrees are declining in value, but you don’t have to take this conservative critic of higher education’s word for it. Here’s a chart from the Progressive Policy Institute showing income levels for Americans age 25 – 34 with a college degree.
Note that the downward trend begins well before the 2009 economic collapse and our current national job market malaise:
![1360252466769.jpg.CROP.article568-large](http://sayanything.flywheelsites.com/files/2013/02/1360252466769.jpg.CROP_.article568-large.jpg)
Meanwhile, here’s the trend line for tuition costs:
![400px-College_tuition_cpi](http://sayanything.flywheelsites.com/files/2011/05/400px-College_tuition_cpi.jpg)
Soaring costs and declining or stagnant value is the definition of a bubble. And, as is usually the case, what’s driving this bubble is government policy aimed at promoting higher education. Just as the problem with the housing bubble was government policy promoting home ownership.