There are a lot of private and public colleges and universities about to go thru a very dark time of rampant bankruptcy. I would feel sorry, but they have been predatory on students and spending like drunken sailors with apologies to drunken sailors. I am not happy about this, but actions have consequences. I have a guy working for me with a BS from SIU, a state college. He has a student debt load of over Fifty Thousand dollars. That is obscene. This will have to wash thru the economy...and wash out a lot of "higher education" institutions. You think they would be smarter...the administration that is...NOPE.

Student Debt Bubble: Impending Doom for Colleges

www.businessinsider.com

The student loan debt bubble is beginning to get a LOT of attention. As well it should. That atte...