Christian Smith in the Chronicle of Higher Education:
BS is the university’s loss of capacity to grapple with life’s Big Questions, because of our crisis of faith in truth, reality, reason, evidence, argument, civility, and our common humanity.
BS is the farce of what are actually "fragmentversities" claiming to be universities, of hyperspecialization and academic disciplines unable to talk with each other about obvious shared concerns.
BS is the expectation that a good education can be provided by institutions modeled organizationally on factories, state bureaucracies, and shopping malls — that is, by enormous universities processing hordes of students as if they were livestock, numbers waiting in line, and shopping consumers.
BS is universities hijacked by the relentless pursuit of money and prestige, including chasing rankings that they know are deeply flawed, at the expense of genuine educational excellence (to be distinguished from the vacuous "excellence" peddled by recruitment and "advancement" offices in every run-of-the-mill university).
BS is the ideologically infused jargon deployed by various fields to stake out in-group self-importance and insulate them from accountability to those not fluent in such solipsistic language games.
More here.