The college bubble is upon us. Large fractions of what the level 1 research university deliver to undergraduates can be had elsewhere and for much less (see MIT’s Open Course Ware). I guess you can’t replace the binge drinking and the marriage market found at an Ivy, but some of that can be found pretty easily elsewhere.

For my part, I attended UC about the time Solzhenitsyn was first published in the West. That was enough for me to get a clear bead on what socialism really was.