The price of college tuition has increased more than any other major good or service for the last 20 years. Nine out of 10 American high school seniors aspire to go to college, yet the United States has fallen from world leader to only the tenth most educated nation. Almost half of college students don’t graduate, and those who do have unprecedented levels of federal and private student loan debt. The system particularly fails the first-generation, the low-income and ethnic minorities. What we need to know is changing more quickly than ever, and a rising tide of information threatens to swamp knowledge and wisdom. The author examines concerns about quality and affordability while outlining trends that could guide an institutional transformation in attracting and serving “nontraditional” students through innovation, personal learning paths, specialization, partnerships and technologically-enhanced settings among others.

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