American higher education is collapsing before our eyes | Frederico Menino

The once unsinkable ship of US higher education has hit an unthinkable iceberg

American higher education is living its RMS Titanic moment. The multi-trillion-dollar United States academic-scientific complex, led by the richest and most highly coveted universities in history, remains the envy of the world. “American University Inc” is one of the US’s top exports and among its most valuable stocks. Brands such as Harvard, Columbia, Stanford and so many others are revered worldwide as symbols of academic excellence, independent thinking, breakthrough innovation and prestige. No other university system in the world comes close to amassing as much capital – financial, human, cultural and social – as the mighty American one.

Until now.

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