They’re also destroying the academy. Because as this happens, more and more students are going to ask, “why would I get a PhD? You want me to have a PhD to teach your students, yet why would I do that? Because it seems to me if I get a PhD, I’m going to end up making poverty wages. I can do that now without a PhD. I’ll go to Starbucks and do it.”
They’re destroying their own system, and they’re going to wake up and realize that students and parents have decided that there’s no use for the university anymore.
(I've opened comments. Be interesting! --PL)