Hey, remember what I said about us being in a higher education bubble?
Back here? Well look what I just read courtesy of Louis Menand in The New Yorker.
If you are friendly toward Theory 2, on the other hand, you worry that the competition for slots in top-tier colleges is warping educational priorities. You see academic tulip mania: students and their parents are overvaluing a commodity for which there are cheap and plentiful substitutes.
Does that give me an A, or what?
