Glenn Harlan Reynolds writes in this column on USA Today that higher education is becoming a joke.Why?

Because at many schools, students and administrators are behaving in foolish ways: the protests against commencement speakers, the hysteria over all those naughty “microaggressions” (such as “Hump Day” because it might be offensive to Muslims), the craze over “rape culture,” and so on.

Money quote: “From the economics to the politics, colleges and universities are looking less like serious places to improve one’s mind and one’s prospects, and more like expensive islands of frivolity and, sometimes, viciousness. And that is likely to have consequences.”

It almost seems as though the students and administrators are trying to deflate the bubble.