the taxpayers subsidizing all of this. where is the dash if middlebury remains so rich? >> there is not incentive to change from the perspective of the parents. as i found out as secretary of education, they will pay almost anything to get a prestige degree. the only people who i think can do it in the short run are the board of trustees, if they have any sense of responsibility. and the faculty. however, this bubble may burst. my friend at yale said it hasn't burst because of the absurdity of it all. plus, technology is coming in on the university. people are taking more and more courses online. people are starting to get educations online. peter teal, we were talking about it earlier, he has enlisted students out of high school not to come to the university, but become to a study in california where they work with each other and don't go to college, just develop