The Economist:

THE IG FARBEN building in Frankfurt has a history. This is where Zyklon B gas, used at Auschwitz, was invented and Dwight Eisenhower later worked. Now it is part of an €1.8 billion ($2.5 billion) building project at Frankfurt’s Goethe University. Not for Goethe’s 35,000 students the grotty campuses of others: the “House of Finance” has a marble floor inspired by Raphael’s fresco “The School of Athens.”
Thousands of less coddled students recently staged protests across Germany against their conditions. “Back education, not banks”, demanded protesters fed up with overcrowded lecture halls, crumbling campuses, tuition fees and a chaotic conversion from the traditional diploma to a European two-tier degree system.
German universities are underfunded by international standards (see chart). Professors juggle scores of students; at top American universities they nurture a handful. In switching to the bachelors-masters degrees prescribed by Europe’s standardising “Bologna process”, many universities tried to cram bachelors degrees into just six terms. Only six German universities are among the top 100 in the Shanghai rankings (Munich is highest, at 55th). Just 21% of each age cohort gets a degree; the OECD average is 37%.