What Can Higher Ed Learn from Healthcare Reform?
I am thinking of an industry that performs a vital public service with unlimited demand. But it is marked by cost increases that far outstrip inflation, extreme specialization, and a lack of coordination. Sounds familiar, right? But I am thinking of healthcare, not higher education. In many respects, reform of healthcare and higher education are proceeding on parallel tracks. Both are immense industries, with core products that are essential to well-being, heavily subsidized by the public, and entrapped by outdated…