Here is an article by a grad student in philosophy who understands that higher education is not nearly as important as professors usually tell us it is.

I like the concluding paragraph: “The inevitable collapse — and the moral outrage of those it hurts — will continue for as long as the public buys into the myth that higher education (and its professors) are too important to have to keep their costs and production in line with consumer demand.” Good point: Higher ed is a system bloated on all the money fed into it over the decades when the “more education is always good” mentality was unchallenged.