Question: Is the rapidly rising cost of college, like housing, heading for a bubble that could burst? - Roger Showley, UT San Diego

Marney Cox of the San Diego Association of Governments says, the housing boom and bust occurred because money from government-subsidized programs was lent to borrowers who could not afford the houses they purchased. But as long as borrowers believed home values would continue to rise, eventually they would profit. Similarly, higher education is heavily subsidized by the government that encourages borrowing; today 37 million holders of student loans owe more than $1 trillion in debt, more debt than on credit cards. For many, the minute they graduate, like homeowners, they’re “underwater," facing poor job prospects, earnings insufficient to pay the bills and questioning the value of higher education given the large debt incurred. http://www.utsandiego.com/news/2014/mar/14/econometer-college-costs-bubble/