You borrow as much money as you can for the best school you can get into and afford and then you “flip” that education for the great job you are going to get when you graduate.
Maybe there is a bubble in higher ed but this analogy is pretty shaky. The most obvious difference between a house and a degree is that you can't "flip" a degree.
Agreed. There are similarities between the higher ed and housing bubble:
* Lots of quick money available
* Government loans and programs,
* Speculation about the relative return on investment that does not match the observed reality
But a house is an asset with a specific tangible transferable value. A college degree is a certification and not transferable in any specific way. It muddies the waters to see the bubbles as identical, and it suggests that they will resolve themselves in exactly the same way (which is at least questionable).
An analogy isn't supposed to be a 1:1 comparison of two things. I read Cuban here using "flip" not as selling your degree, but exchanging your degree for a job. You could call it a conversion or something else. I don't consider it shaky at all.
Maybe there is a bubble in higher ed but this analogy is pretty shaky. The most obvious difference between a house and a degree is that you can't "flip" a degree.