1. Higher Education: The Next Bubble? Andrew P. Kelly Research Fellow American Enterprise Institute

2. Signs of A Bubble? AA/Some College

3. Stagnant Returns?

4. Shortsighted View (Zoom Out)

5. Wage Gap Has Grown (With Hiccups)

6. Insulation From Economic Woes

8. But The “Bubble” Is Useful “Bubblers” focus our attention on two issues that leaders must confront going forward: QUALITY and COST

9. Challenges Rising Expectations Capacity Constraints Remediation What Works? Problems of Scale Mission Creep

10. Opportunities for Reform Rethinking scope and program structure Differentiation across institutions Leveraging technology Unleashing entrepreneurs Learning from competitors Partnerships