THE word “crisis” pops up frequently in “Ivory Tower,” a compelling new documentary about the state of higher education in America.

It pops up in regard to the mountains of student debt. It pops up in regard to the steep drop in government funding for public universities, which have been forced to charge higher and higher tuition in response. That price increase is also a “crisis” in the estimation of one of many alarmed educators and experts on camera.

And “crisis” isn’t even their direst appellation. Andrew Delbanco, a Columbia University professor of American studies who functions as the movie’s conscience, notes an “apocalyptic dimension” to today’s discussion of college’s failings. The movie is set on verdant campuses. It’s rife with lecterns, books and graduation gowns. And yet it’s a kind of horror story.

Scheduled for theatrical release next month, “Ivory Tower” does an astonishingly thorough tour of the university landscape in a brisk 90 minutes, touching on the major changes and challenges, each of which could sustain its own documentary.