Biden didn't get the memo

...about college education:

After leading the world in college graduates for decades, the United States has slipped to ninth, and a new initiative Vice President Joe Biden announced earlier this week aims to help reverse the trend.

However, according to Instapundit:

“In fact, setting aside the technical professions (medicine, engineering, etc.) the cost of a bachelor’s degree is exploding just as its value in the marketplace is declining.”

So now we need more of what we have too much of already.  Let's spend federal money on it!