(From RealClearPolicy.com):

By Thomas K. Lindsay

Those familiar with the 1978 campus comedy Animal House will recall the line from John Belushi’s character, Bluto, who, on learning that he would soon be expelled from the university, lamented, “Seven years of college down the drain!”

Today, the laugh may be on us — or more precisely, on college students, their parents, and the taxpayers who help fund higher education. Why? Because “four-year college” today takes most students significantly longer than four years, raising still higher the cost of higher education.  CONTINUE READING HERE