The College Education Crisis

Over the past 20 years, college tuition has risen roughly 3.5 times faster than the overall cost of living. Nevertheless, there is a growing shortage of technically proficient, well-educated young people entering the labor force. What's going on? Why are we paying so much more for such poor results? As employers, parents, and members of society, what are the implications? What, if anything, can be done to fix the problem? We'll provide the answers.

In most industries, competition drives quality and lowers p.....