A while back, in The Coming Crisis In Citizenship, I noted a study suggesting that our colleges and universities are, perhaps, failing us. Evan of The Future Uncertain is, like many of us, determined to keep launching flares into the darkness. He uses those giant ones that get blasted out of mortar tubes and float down on parachutes to keep the terrain lit as well and long as possible.
He's had a much deeper look at the issue of educating our young citizens than I did. As is every post of his I've delved into, Is the Marginal Product of College Negative? is far ranging and quite detailed.
For those who share my interest in our nation's educational efforts it is, IMHO, well worth reading in full (but have some time to spend!)