Detractors point to bloated bureaucracies, complacency, declining quality, a lack of focus, broken business models and an inability to adapt. Do they have a leg to stand on? In an essay in Bloomberg, Adrian Wooldridge, best known as the a defender of meritocracy, argues that today’s colleges and universities “look a lot like 1970s Detroit”: unfocused, bloated and characterized by complacency, declining quality and a sluggish response to a rapidly shifting environment.