Estimated Reading Time: 8 minutes

The venerable economist Milton Friedman once said, “Only a crisis—actual or perceived—produces real change.” That’s the impulse behind Winston Churchill’s admonition (later famously echoed by Obama’s chief of staff Rahm Emanuel): “Never let a good crisis go to waste.” Well, welcome to the world of American higher education. Crippling tuition, bloated bureaucracies, huge rates of […]