Add that to the slow awakening by the public that you can get a better education on the internet for, basically, free. And add to that the college loan bubble that is STILL about to pop.
This will not be a good decade for our country’s universities.
There is no reason college should be the next step for all kids. College was supposed to be for the very brightest, not dumbed down so that no one fails. That piece of paper they give you upon completion is just that - a piece of paper. It means nothing.
Back in the 70s, minimum wage was about $2.50. An hour credit cost $3 at a state university. Today, minimum wage is $7.25 but one undergrad fine arts hour (the cheapest) at UT is $1,630. Something is definitely wrong in there somewhere.