Public Universities Should Shift To An Entrepreneurial Path As Funding Erodes

Many would argue, and we would agree, that despite global competition, the system of higher education in the U.S. remains the best in the world. As state funds continue to diminish, public universities can select a strategic alternative: They can choose to follow an entrepreneurial path to become “public no more,” with more financial self-reliance and less dependence on entitlement and internal subsidy. As business schools and other areas of the university have shown, this path can lead to academic excellence in a financially sustainable framework, but it requires making some tough choices. Read more at:
http://www.businessweek.com/articles/2012-03-30/public-no-more-why-the-b-school-model-works