From csmonitor.com: Higher education's bubble has burst

http://www.csmonitor.com/Business/Mises-Economics-Blog/2011/0810/The-higher-education-bubble-has-popped

"Not only are the returns poor, but the quality of the product is poor (as in the case of new-construction quality in the housing boom). According to the authors of Academically Adrift: Limited Learning on College Campuses, 45 percent of students make no gains in their critical reasoning and thinking skills, as well as writing ability, after two years in college. More than one out of three college seniors were no better at writing and thinking than they were when they first arrived at their campuses."