I think when people think about universities, they think of Harvard and Stanford, but there are a lot more schools like (for example) Middle Tennessee Universit

I think when people think about universities, they think of Harvard and Stanford, but there are a lot more schools like (for example) Middle Tennessee University. These are schools that extract Harvard-like rents without the prestige or quality, and these will be the ones that go down. Harvard and its ilk will likely survive the next millennium.