HIGHER EDUCATION BUBBLE UPDATE: “This is just about the most absurd situation we’ve seen in a long time. We’ve previously reported on the State Auditor’s reports of some of the UNC campuses and they all show clearly that the financial condition of the campuses does not justify any kind of tuition or fee increase. But beyond that, we would once again suggest that if the university, including ECU, spent its money wisely there would be a tuition roll-back, not an increase.”