The questioning has already begun.
More students are choosing community college, online education or other options that will open a path toward a debt-free life and a career that will support themselves and a family.
Those decisions will ultimately force colleges to examine their costs and take steps to restrain or even cut those costs.
In the end, market forces will decide what is the right price point for a college degree, as long as Congress gets out of the way.
In the meantime, students and parents weighing the value of a degree against its cost should heed that ancient market principal,”Caveat emptor.”
Let the buyer beware.