Elite higher education in America -- long unquestioned as globally preeminent -- is facing a perfect storm. Fewer applicants‚ higher costs‚ impoverished students‚ collapsing standards‚ and increasingly politicized and mediocre faculty reflect a collapse of the university system. The country is waking up to the reality that a bachelor's degree no longer equates with graduates being broadly educated and analytical. Just as often‚ they are stereotyped as pampered‚ largely ignorant‚ and...