I don't know how much of a problem this is in higher academia, but according to more articles like this
And the fact that prestigious universities such as this
only accept a handful of students in computer science in a year, it's not surprising. One of the more surprising things is that UW received 40 million dollars from Paul Allen a while ago, and they used it to build a giant 40 million dollar new computer science building. But the number of students they accepted per year didn't change. Why is this? If you have lots of students who want to go there, why not use extra funds you have to expand the number of applications you can accept?
I dunno, I'm sure the downward trend of education spending all over our country isn't helping universities to expand the number of students they can accept either.