This is an interesting story about what is going on financially at colleges and universities across the Nation. It would seem the "wizards of smart" should have repeated Economics 101.
Alas, numbers and reality are stubborn things. Perhaps our nannies in Washington should go after "big education" and the greed, indulgent perks, wasteful spending, high salaries, and mismanagement the same way they went after banks, Wall Street, and the automakers. That won't happen. They're soul mates.