I told you so. In a Ted Talk almost two years ago I told you so. I said that while too much student debt is bad for students, it may be worse for colleges. Events in 2015 are starting to prove me right. Ordinarily I wouldn't be a scold but there still remains a huge misunderstanding of what is happening.
Despite their many differences, we can see in Jefferson and the Obamas a common commitment to a broad, open-ended education as a vehicle for disrupting entrenched elites. When the best educational resources are dominated by the wealthiest, they become an elite bent on cultivating their pleasures rather than on extending knowledge and cultural vitality.