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Will the higher ed bubble burst?

An interesting argument here from a couple of higher education experts who draw parallels between American higher education and the dot.com and real estate markets, which peaked and blew up, leaving financial messes in their wakes.

Joseph Marr Cronin, the former education secretary in Massachuetts, and Howard E. Horton, president of Boston's New England College of Business and Finance, argued recently that the higher ed bubble is about to burst, the result of too-rapidly escalating tuition and other factors.

They claim the large universities with several revenue sources will survive but smaller institutions more heavily reliant on tuition dollars will be in jeopardy.

This is an interesting argument to me in part because the dot.com/real-estate market analogy misses one point: Universities - at least most these days - are still non-profit enterprises with different constituencies than search engines were in the late 1990s and subprime lenders were  this decade.

But we also know that in the Triangle, small universities are hurting right now, trying to balance budgets and retain small class sizes and instructional advantages that have long differentiated them from larger institutions. 

You can read more about the struggles those institutions face here.

 

Is 'Lost' too hard?

The Boston Herald TV columnist thinks normal TV viewers are having to work a little TOO hard to understand their favorite shows.

The biggest culprit? Our beloved Lost.

Yeah, it can be tough. The 10 people on the planet who don't watch Lost enjoy openly questioning the sanity of devoted Lost watchers. I understand but I have a ready answer. To the people who tell me they quit watching back in S2 (yeah, like that makes you unique) and can't fathom why anyone still is, I say ...

Watching Lost is an exercise in faith. It's not always convenient. The realtime rewards may be small — a Sawyer nickname, a nasty barb from Rose, someone you hate getting offed in a spectacular manner (Paolo and Nicki) — just to keep you true to the island.

But Lost doesn't just feed its viewers. It requires something of them as well. You have to keep plowing ahead through all the time travel BS. You must keep hoping that Jin is still alive and praying that Jack will kick the habit. You must know that Juliet has some purpose besides wandering around knowing useful intel but refusing to give it up. (Juliet makes me want to punch the wall.) You must keep contemplating Sayid's fate and keep believing that someday Kate and Sawyer will have ample opportunity to make babies. (Did I say that out loud? I mean Kate and Foxy!)

And, when the end comes, in 29 esisodes (13 remain in 2009 including Wed., at 9 p.m and 16 in 2010), you will have earned your just reward.

You hope.

EDITORIAL TANGENT: For the record, that's not eyeliner, kiddies. That's Nestor Carbonell (above). That's puro Cubano, if you know what I'm saying. (Lost boy Damon Lindelof explains.)

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