Forbes columnist A. Gary Shilling is another person who has noticed that there is a big discrepancy between cost and value in higher education. He writes that “Parents also realize that more money is buying a deteriorating product,” referring to the National Assessment of Adult Literacy survey released last year. Shilling also points out that real wages for college grads fell 3.1% between 2000 and 2005. “Supply-demand imbalances get corrected eventually. College education will be no exception.”