Confessions of a Recovering Higher Education Bubble Hawk
My previous beliefs regarding higher education’s impending doom—shared by many others—were reinforced by pundits who sounded alarms whenever a new report predicted catastrophe or an insolvent college made headlines. I fell into a trap identified by Thomas Jefferson in a 1787 letter to Charles Thomson, then secretary of the Continental Congress: “The moment a person forms a theory, his imagination sees in every object only the traits which favor that theory.”