Yep. When you flood two generations with easy college money and tell them they have to go or they're a failure, don't be surprised when a disproportionate number of people are exposed to post graduate options and they seem like their best choice.
Even so, stuff like this reminds me not to take too romantic a view of "non-profit" higher education.
Even so, stuff like this reminds me not to take too romantic a view of "non-profit" higher education.