HIGHER EDUCATION BUBBLE UPDATE: UNC-Wilmington Professor Tells It Like It Is.

The genesis of the problem in our universities is the “democratization” of education and the easy availability of student loans, “Affordable education,” November 7. The nation is thus saddled with a trillion dollars in student loan debt ready to follow the housing bubble.

The floodgates have been opened wide to campus admission with faculty responding by adding courses and programs that do not prepare students in the important basic areas, especially, in the hard sciences and mathematics. Accordingly, students do not seek truly academic knowledge and skills but are just satisfied with a diploma, which is used by potential employees as a selection tool.

Administrators cater to such business model irrespective of how soft academic programs expand exponentially with the more solid academic curricula not being supported and even eliminated. Students are thus shackled with bogus degrees that lead nowhere. The state subsidizes students and so the increase in the number of students results in higher tuition costs for all. . . . The failure of K-12 education is finally creeping and crippling our entire university system. Too bad.

Indeed.