Public No More: Why the B-School Model Works

Students at a sit-in in front of the school president’s office at California State University, Northridge. Photograph by Kevork Djansezian/Getty Images

Many would argue, and we would agree, that despite global competition, the system of higher education in the U.S. remains the best in the world. Still, American universities face increasing threats on several fronts: an explosion of higher education outlets globally, stagnant middle-class incomes, entry of for-profit providers, and the growing efficacy of alternative delivery modes, especially on the Web.

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