“Higher education is in a bubble. It’s long has been propped up by government debt on easy terms but at unfairly high interest.”
(From Legal Insurrection)
Higher education enrollments have been falling for years, a well-documented outcome that can be attributed to some combination of a strong U.S. economy, changes in birth rates and, perhaps, growing doubts about the value of a college degree.
Another decline is also unfolding — this one attributable to a mix of economic and political forces: the number of colleges and universities in the United States is at its lowest ebb since at least 1998.