Steven Pearlstein posted a call to arms in the Washington Post, calling on universities to aggressively cut costs through four strategies: 1) cutting administrative costs, 2) operating year round, 3) teaching more and researching less, and 4) reducing the costs of general education courses through technology.
As a PhD student who dropped out this year, all I can say: yes, one-thousand fold.
I realize that my experience is at two top institutions (Stanford and Harvard) that are in their own unique stratosphere of the academic world. As Daniel Drezner notes in a partial criticism of Pearlstein, there is an incredible diversity of university institutions in the United States, so any advice has to be directed more specifically to be meaningful. So let's focus just on