University presidents: We've been blindsided

[exboyfil]

2. I think the rush to credentialization and watering down of

standards also has something to do with it as well. A libertarian economist has written a book where an extract appeared in The Atlantic.

https://www.theatlantic.com/magazine/archive/2018/01/whats-college-good-for/546590/

I would say at least 20% of public and private not for profit college and university places should be eliminated or retasked for a more vocational focus.

And it is true that the ROI on a large number of degrees doesn't add up. You also have to consider the risk of failure (loans with no credential to show for it).

The message should not have been free college for everyone in 2016. It should have been how do we get tuition down to 1976 levels where you had to work a minimum wage job 1/5th as long as you do today to pay public college tuition.