GAINESVILLE, Ga. / May 18, 2011 — Everyone knows that bear markets deflate financial values. Most people don’t realize that society’s mood during bear markets also degrades academic performance and even undercuts society’s very attitude toward higher education, according to a recent study from the Socionomics Institute. The Georgia-based think tank studies cultural, economic and political trends as they relate to stock price movements, and posits that the social mood that drives asset prices, such as stocks and real estate, also governs the “animal spirits” of the nation’s education engine. The Institute foresees major trouble for the higher educational system, which it says, “will soon encounter spectacular challenges to survival” that go far beyond obvious symptoms such as today’s exorbitant tuitions, record levels of student debt and increasing doubt about the value of a college degree.
Researcher Alan Hall’s study also charts PhDs granted, grade inflation, academic achievement and three centuries of Ivy League tuition prices. It examines the shift in social attitudes toward education and forecasts specifics of the massive fundamental changes to come.
Note to media: For a copy of the research referenced above or to arrange an interview with Alan Hall, please contact Miguel Casellas-Gil MiguelCG@newsandexperts.com, 727-443-7115 Ext. 214.