(From Forbes.com):

By Thomas K. Lindsay

The year 2014 was a discouraging one for American higher education. Over the last twelve months, too many universities have been squandering what has been up until now their greatest source of support—the public’s respect and loyalty.

This drop in consumer confidence has been some time in coming. A 2012 national Pew survey finds that 57 percent of prospective college students no longer believe a college degree is worth the cost. The same survey finds that 75 percent of prospective students now believe that a college degree is simply unaffordable.  CONTINUE READING HERE