Are Universities Doomed?
Elite university degrees certify very little. And the secret is out. In a famous exchange in the The Sun Also Rises, Ernest Hemingway wrote: “How did you go bankrupt?” Bill asked. “Two ways,” Mike said. “Gradually, then suddenly.” “Gradually” and “suddenly” applies to higher education’s implosion. During the 1990s “culture wars” universities were warned that their chronic tuition hikes …