Fewer applicants, higher costs, impoverished students, collapsing standards, and increasingly politicized and mediocre faculty reflect a collapse of the university system.
Each year, there are far fewer students entering college.
At the same time, to vie for a shrinking number of students, colleges began offering costly in loco parentis counseling, Club Med-style dorms and accommodations, and extracurricular activities.
As applicants grew scarcer and expenses went up, universities began offering "Full-service" student-aid packages, heavily reliant on government-subsidized student loans.
As less well-prepared students entered college, faculty either inflated grades, watered down their course requirements, or added new soft-ball classes.
Another way to square the circle of rising costs and fewer and poorer students was to attract foreign students.
Politicized faculty, infantilized students, and mediocre classes have combined to erode the prestige of college degrees, even at once elite colleges.
https://amgreatness.com/2024/05/02/can-the-current-universities-be-saved/
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