Academic Fraud and the Ponzi Scheme of 'Higher Learning'
Higher Education in Crisis

DiMaggio, Anthony
Date Written:  2014-09-19
Publisher:  CounterPunch
Year Published:  2014
Resource Type:  Article
Cx Number:  CX16862

It’s sad to say, but U.S. higher education increasingly resembles a pyramid scheme. The schools at the top continue to compete for elite students, by appealing to prospective applicants via the creation of a slew of amenities (the "climbing wall" phenomenon) and offering a unique college "experience." Non-elite colleges and universities are the losers in this process, fighting with each other for a dwindling number of state tax dollars amidst huge increases in tuition costs.

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