HIGHER EDUCATION BUBBLE UPDATE: Scott Walker Prepares To Reform Higher Education

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Scott Walker Prepares To Reform Higher Education. Walter Russell Mead comments:
Change has to come.
After World War Two the United States built its modern university system by extending a model that was originally intended to groom the sons of a social elite to succeed their fathers as government and business leaders to manage the preparation of tens of millions of people for the business of life.
The template doesn’t work in many cases, and the result increasingly is that training and job preparation takes too long and costs too much.
The problem isn’t that America has “too much” education.
The problem is that a 21st century society needs to be able to teach more skills to more people at a much lower cost and in much less time than our 20th century institutions can manage.
It’s really that simple.

The most urgent business of a state university system at this point must be to reform and improve the kind of education (in many cases, training) that can enable the state’s citizens of any and every age to acquire skills and prepare themselves to flourish in a rapidly changing economy.