Letters to the Editor: July 22, 2011

Federal education money wasted on diploma mills Re: “Will the college bubble burst from public subsidies?” July 20

Michael Barone is right to decry the existence of a college bubble that’s worse in some ways than the recent housing bubble. States spend hundreds of millions of dollars operating colleges that are useless diploma mills that manage to graduate almost no one — like Chicago State, which had a 13 percent six-year graduation rate.