College 2.0: An Entrepreneurial Approach to Reforming Higher Education

Ben Wildavsky and Robert E. Litan, Ewing Marion Kauffman Foundation:

A far-reaching discussion is taking place in the United States about the challenges facing higher education and the possible forms postsecondary learning might take in the future. Notwithstanding the strengths of our best research institutions, the shortcomings of many U.S. colleges and universities are significant. There is growing evidence that they need to focus more effectively on student learning, improve completion rates, lower costs, make much better use of technology, boost productivity, improve delivery of instruction for nontraditional students, and take innovations to scale more quickly.
To make this happen–and to provide brand-new alternatives to traditional models–a more entrepreneurial approach to postsecondary education is sorely needed. But even as a period of unusual ferment in U.S. higher education gets under way, numerous barriers continue to slow innovation and thwart experimentation, both in traditional institutions and in start-up ventures.
In an effort to understand the nature of those barriers and to generate ideas for overcoming them, in December 2011 the Ewing Marion Kauffman Foundation convened a diverse group of analysts and practitioners for a two-day retreat in Palm Beach, Florida. Participants included Shai Reshef, founder of the University of the People; the management editor of The Economist; the founders of startups 2tor, Inc. and StraighterLine; senior leaders of nontraditional universities such as Olin College and Western Governors University; the president and CEO of Kaplan, Inc.; the directors of education policy at the American Enterprise Institute, the Brookings Institution, and the Center for American Progress; and professors who both study and participate in postsecondary reform initiatives.