College doesn't make sense for everyone. Some students simply lack the necessary competence, including the ability to carry on fluent conversation. Or write complete sentences. Nor do they have the basic math.
Many others would prefer non-college careers in industry. And are considering whether the expensive conventional college is worth the heavy investment and borrowing..
A century ago, only about 2 percent of American adults graduated from college; college education expanded when the G.I. Bill financed veterans after World War II. Government student loans have enabled colleges to grow even faster over the last three decades.
This growth has been great for the schools but the product has simultaneously suffered. America leads the world in mass, not better education. Unfortunately, a bubble is ahead and the result will not be pretty. (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)
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