One of the things I've noticed about colleges is how similar they are run to country clubs. It was not too long ago (when endowments were higher) that colleges

One of the things I've noticed about colleges is how similar they are run to country clubs. It was not too long ago (when endowments were higher) that colleges and universities would spend millions building luxurious dorms, athletic facilities, and campus centers. Expansion was a means to attract students, gain prestige and make press. Also, included in the mix was state of the art academic buildings, faculty recruitment and merit aid increases - all of which meant that colleges strove to grow better year after year. The dark side of growth, however, was that students paid a high price for these luxuries. Simple. There are no free lunches. And, as much I can fault the sociology grad for her predicament, I also blame a system that has become unsustainable.