It's more accurate to say that Universities and Colleges are extinct so the story should be what is taking its place and what are the consequences...

Its just like the Ed loan program..

Many don't realize its a teaching goal tool, those that get that they need to form a business around their brand to pay off the loan win and those that do not lose and society loses.

We should not bet on society losing this time around such as the elites did in the US!