Peter Wood is committing heresy! HERESY I say!
Seriously, he is trodding dangerous ground by pointing out what should be obvious to anyone with a semblance of knowledge of history.
Personally, I will drink Guinness…Foreign Extra Stout…to the demise of academia. We should allow student loan debts to be dischargeable in bankruptcies, if only to exacerbate the demise of all that is useless in the academy.
This would be good for everyone: academia would reform and once again become relevant; the dead weight would be gone; and those aspiring to the academy would get a real education, complete with a real economic tradeoff.
Also gone would be the utter nonsense that passes for scholarship,