Morty shapiro is the president of northwestern university and another economist who studies education. He says that in a country with four thousand institutes of higher learning, all the attention paid to a handful of elite schools is misplaced. Of the four thousand college universities, o only about a hundred and 50 of em are really the global name brands. And you know, 39 of them are the highly selective, very heavily resourced privates.
America’s top colleges are facing record demand. So why don’t they increase supply? (Part 2 of “Freakonomics Radio Goes Back to School.”)