But universities are stuck, like auto plants – like newspapers – like TV Studios – like the US Armed Forces – with infrastructure and unionized workforces that cost a bomb. Like the newspapers or auto makers, they will soon be faced with a dilemma. They cannot get their revenues up to cover their costs. Like papers they will have to cut “content”. At some point like the newspapers they will be left with being expensive and poor value. Already, we’re one of the few countries where 25- to 34-year-olds are less educated than older workers.

Too many people going to “college” learning too little.

• Uncategorized