Mark Cuban

Student loan bubble will burst

20 Jun, 2014

Cuban predicts an end to the student loan bubble that will put colleges out of business:

It’s inevitable at some point there will be a cap on student loan guarantees. And when that happens you’re going to see a repeat of what we saw in the housing market: when easy credit for buying or flipping a house disappeared we saw a collapse in the price housing, and we’re going to see that same collapse in the price of student tuition, and that’s going to lead to colleges going out of business

Mark Cuban: 'I Think the Student Loan Bubble is Going to Burst' | Inc. Magazine

Add your comments below...