Over Invested and Over Priced: American Higher Education Today

An excellent case can be made that we are over invested in universities, that too many students attend school, that much of our investment is wasted. Moreover, the rise in costs–to society, to taxpayers, and especially to consumers–is excessive, and has been made more so by well meaning but inappropriate public policies. The law of unintended consequences looms large in any discussion of America’s colleges and universities.

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