
The YouTube version is below. The Facebook written version (which skips a few ad libs) is at http://www.facebook.com/note.php?note_id=10150181306213379
He attributes the trend toward de facto privatization of higher ed in part to demographics and the aging of the baby boom:
...Now, part of this can be explained by demographics. In the early 1960s, 57% of American families had children under the age of eighteen. Today, that number hovers around 46%. Along these same lines, American senior citizens now receive more than seven times the amount of federal benefits that American children do...
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