This NY Times Blog reports some interesting facts. How do we explain the decline in study time? Perhaps the new generation of students is (!) smarter and has a higher productivity per minute of studying? Or, do professors now hand out less homework? These averages may mask a composition shift. As the number of undergraduate slots has increased over time, the marginal college student may be less hard working? Or, is this evidence that the new generation is soft and simply seeking the good life.