NY TIMES: A Tale of ‘Too Big to Fail’ in Higher Education. It looks like the City College of San Francisco has survived for now, but here’s the meat of the editorial: “Most of City College’s problems, however, remain unsolved. Its brush with mortality illustrates a much larger problem in higher education. Millions of students are enrolled in colleges accountable to no one other than accreditors that lack the will and authority to govern them. Because the consequences of closing these institutions are so severe, they have become, in effect, ‘too big to fail.'” I had reported earlier on the College’s problems here, but it does look like the College has survived more due to its political clout rather than its educational improvements.