(from Minding the Campus):

By George Leef

We have clearly oversold higher education. Through subsidies and political hype, we have prodded huge numbers of students to flock into colleges and universities. Naturally, those institutions also expanded in number and in the volume of students.

Now that it is becoming evident that a college degree isn’t necessarily a good investment and for many is a terrible waste of time and money, many schools are struggling, causing Washington Post writer Jeffrey Selingo to write a July 20 column, “How many colleges and universities do we really need?”

Selingo correctly observes, “At too many colleges attended by the vast majority of American students, costs are spiraling out of control and quality is declining.” CONTINUE READING HERE