[caption id="attachment_41318" align="alignleft" width="150"] Just 26 percent of Ohio adult workers hold college degrees, below the national average of 31 percent.[/caption]

Is too much state regulation hindering efficiency at public universities? Ohio Board of Regents Chancellor Jim Petro thinks so, and he unveiled a plan Aug. 11 that would allow the state’s universities to operate as enterprises, also called charters, as well as set up a sizeable merit scholarship program.

Universities that choose to participate in the Enterprise University Plan would receive more autonomy in funding issues that traditionally require...

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