Senior Fellows Richard K. Vedder and Phillip W. Magness discuss Vedder’s new book Let Colleges Fail: The Power of Creative Destruction in Higher Education, which provides new strategies for regaining excellence in higher education. Vedder and Magness address the many problems vexing America’s college campuses—including falling enrollments, sky-high tuition, and suffocating ideological rigidity, to name but a few—and offer innovative solutions. Is it possible to recover the educational institutions that once served America so well? What reforms, if any, can bring us back to a true marketplace of ideas?

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