Why Does American Higher Education Work So Poorly?

After enjoying many decades of high public support, higher education in the U.S. is in serious decline. Polls show that a sizeable percentage of the populace now doubts that college is worth the cost and that it contributes to the public good. Enrollments keep falling, and the luster that a college degree used to confer on graduates has become tarnished, especially since recent events indicate that, instead of helping them mature, college turns them into ideologically obsessed activists. What has gone wrong? In his latest book, Let Colleges Fail, economics professor Richard Vedder employs his insights to answer that question....