There’s been talk for years about the “Higher Education Bubble” — the notion that excessive investment in higher education can result — and has resulted — in inflated tuition costs, an increased supply of college graduates for a decreased supply of employment opportunities, and an unsustainable increase in student loan debt. Conventional wisdom says something’s gotta give — and probably sooner rather than later.

Joe Biden’s idea of addressing the issue appears to be the bassackwards approach of “forgiving” student loan debt — never mind the second and third-order effects that will have on lending institutions and U.S. taxpayers — many of whom either didn’t incur college debt themselves or have already paid theirs back.

One way or another, that bubble is bound to burst at some point — right?

In addition to the direct fallout from the horrific attack by Hamas on Israel October 7th, we’ve seen indirect impacts in the numerous protests around the world and here in the U.S. — particularly on college campuses. The sharp and twisted rise of antisemitism, especially in the Ivy League, has been stunning to witness — as has the exposure of university presidents for their lack of moral clarity and leadership.

With Harvard’s Claudine Gay stepping down on Tuesday, it made me think: Maybe the higher education bubble is finally bursting…but just not in the way we envisioned it would.

Related:

WATCH: CNN's Hot Take on Claudine Gay's Harvard Resignation Was Something Else

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This “Moore to the Point” commentary aired on NewsTalkSTL on Wednesday, January 3rd. Audio included below.