Implement Karl's plan and 50 Percent of the colleges are in Bankruptcy within 3 years. Much like a lot of companies today the colleges are over levered as they have rebuilt and expanded themselves with new ivory towers complete with food courts and on campus banks and credit unions to hook those young vendors.

My sense is that Higher Education's Day of reckoning is on the horizon no matter what. Demographics, Debt, Cost Structure and a number of degrees that have no marketability mean that this bubble too will pop.