Bubble. Cost of 4 year degrees is up, value down.
Jobs in education do not produce anything. If manufacturing jobs were increasing, that would be a good thing.
I suspect now that we are going to start bleeding some support away from our margins as people come to realize we are going to be dealing with a government-centric economy for the foreseeable future.
I suspect a number are going to jump off the private sector ladder and seek their fortunes in government or government-supported enterprise, further reducing support for free market policies.