College isn't for everyone, and that's okay. Universities must slim down

College seniors will be graduating this month with over $35,000 in student loan debt to enter a workforce that does not want them. These young Americans are the latest victims of a bloated and dysfunctional higher education system that must slim down and get serious for the good of future generations.

For too long, arrogant universities have wrongly assumed they can be all things to all people while continuing to perform at the highest levels of service, academic research, and teaching. They promise belonging, recreation, counseling, activism, and entertainment that is tailored to each individual, yet still bound by a mass-marketed brand identity. That model is financially and intellectually ruinous.