We don’t normally like bankruptcy, but in the case of higher ed, we regard this as a positive development for society and education.

The prediction comes from Brandeis President Arthur Levine, who estimates that between 20 and 25 percent of colleges will close in the coming years.

Some of this is demographics – fewer 18-24 year olds. Technology and AI are allowing young adults to teach themselves.

Universities have sown the seeds of their own demise. They increasingly charge $200,000 for a four-year degree in woke subjects like ethnic studies, that have nothing to do with the demands of employers. Private colleges have nearly quadrupled their tuition after inflation since the early 1960s.

We’ve made the case that one tragedy of modern America is that the more years of college, the stupider kids become. Socialist Zohran Mondami won a majority of recent college graduates. They were his base.

The trend toward “making college free” with student loans and taxpayer subsidies has also made colleges worse. If 20-year olds had to pay for their own college by working 15-20 hours a week, they would demand excellence.

Unleash Prosperity senior fellow, Richard Vedder, author of the new book “Let Colleges Fail: The Power of Creative Destruction in Higher Education,” argues that forcing college governing boards facing extinction to shape up or ship out is a positive development.