Let Colleges Fail: The Power of Creative Destruction in Higher Education

Everyone knows American universities are more expensive and less impressive than ever. But no one has come up with a plan to fix them.

Richard Vedder, Senior Fellow at Independent Institute and Distinguished Professor of Economics Emeritus at Ohio University, asks the forbidden question:

Why do we subsidize universities through taxpayer-provided grants and private donor gifts when the institutions are so obviously failing America’s youth?

How can we justify this special status, while businesses offering far more useful goods and services are punished by confiscatory taxes—for simply turning a well-deserved profit?

Read this book and discover:

what universities can—indeed, must—learn from the profit-making private sector;
why big government needs to get out of the student loan business yesterday … and what will happen if it refuses to do so;
why accreditation, though infrequently questioned or critiqued, might actually be unnecessary … or even bad;
how privatizing state universities could actually open newer and more affordable finance options;
what a healthy voucher/scholarship arrangement could look like;
and much, much more …

Daring in its analysis, practical in its problem-solving, and thoroughly readable in its prose, Let Colleges Fail is indispensable reading for those who want America’s colleges to thrive once again.