Thread regarding Corinthian Colleges Inc. layoffs

Could it be that too many prospects are not qualified? Default seems to be a big issue these days. We all hear about the sharp rise in student loan debt. These schools ate the students and spit them out to default. Other students have maxed out. Then there are those who don't qualify for a variety of other reasons. How many qualified prospects are left, who can actually get value from the programs? Seems all that's left are 70 year old ladies and 3rd graders. There may be no need for CCi at this point. In other words, all the crying about what is the world going to do is similar to crying about a dry river bed. It will be years before the rains come again. How long will it take our economy to absorb the existing MA graduates? What percentage of MAs stay in the field for more than a year? two years? five years? And what is the turnover rate? I doubt sufficient students exist anymore, and no worries, since this will relieve career services of future "document production."