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"The article discusses higher education in the U.S. as of 2012, with a focus on the real value of a college diploma, the cost of tuition, and the average level of student debt. Topics include the author's views on the expense and quality of a college education in the U.S.; the effects of the 2008 global recession and the U.S. housing market collapse; and student borrowing rates. Other topics include economic conditions and employment for young people graduating as of 2012; the effect of inflation; and the percentage of college tuition which goes toward luxury amenities."
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