Colleges Didn’t Only Lose Their Value—They Lost Their Way

January 15, 2026 1 min read

Colleges Didn’t Only Lose Their Value—They Lost Their Way

Mark Schneider
American Enterprise Institute

Last November, a faculty report from UC San Diego showed that over the past five years, the number of freshmen placed in remedial math had increased thirtyfold. Reactions ranged from sober warnings about declining readiness to claims of a collegiate “math horror show.” In response, some commentators argued that treating the findings as a problem reflected a culture-war misunderstanding about equity, student success, or what colleges “really do.”

That reaction entirely misses the point. The UC San Diego report exposed something far more consequential. American colleges are failing at one of their core economic functions: They are no longer acting as credible gatekeepers for employers.

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