Graduate education

“Graduate education is the Detroit of higher learning,” wrote Mark C. Taylor, Ph.D. ’73, in a New York Times op-ed piece on April 27 entitled “End the University as We Know It.” “Most graduate programs in American universities produce a product for which there is no market (candidates for teaching positions that do not exist) and develop skills for which there is diminishing demand (research in subfields within subfields and publication in journals read by no one other than a few like-minded colleagues), all at a rapidly rising cost (sometimes well over $100,000 in student loans).”

While I sympathize with the sentiment expressed, I can't agree with the proposed solution to "rigorously regulate" colleges and universities.

Via The College Pump at Harvard Magazine.