The cost of a college degree has increased by 1,125% since 1978--four times the rate of inflation. Total student debt has surpassed $1.3 trillion. Nearly two thirds of all college students must borrow to study, and the average student graduates with more than $30,000 in debt. Many college graduates under twenty-five years old are unemployed or underemployed. And professors--remember them?--rarely teach undergraduates at many major universities, instead...