"This new phase of the College Meltdown has strong roots in the 1980s and involves the growth of the educated underclass, the privatization of public higher education, the proliferation and consolidation of online program managers (OPMs) working for name brand and lesser known schools, non-profit subprime colleges, robocolleges, and the fall of the US federal student loan program. Larger developments include the resurgence of authoritarianism, the hollowing out of America, and the global climate change crisis. "
https://higheredinquirer.blogspot.com/2021/07/academic-capitalism-and-next-phase-of.html