[businessprofessor]

There certainly is no interest in reducing costs. Universities are crying poor man despite projections that tuition will rise faster than inflation for the foreseeable future. In Colorado, universities are seeking a permanent funding stream.

Universities are not efficient because there is no market forcing discipline. The private universities peg their tuition to the public universities.

I believe there is huge potential to reduce costs, improve quality, and unbundle services. Much undergraduate and graduate knowledge can be commoditized and delivered with much lower costs. Services that are typically associated with university education (dorm life, sports, athletic facilities, ...) can be purchased separately.

I wonder who is the champion for reduced costs and higher quality. It will take lots of initial capital and tenacity to overcome the entrenched mindset of university education. Education is too important for it to remain in its current state.

[tabor]

Amen.