[caption id="attachment_50358" align="alignleft" width="150"] 62 percent of all U.S. jobs now require postsecondary education; that number is expected to increase to 75 percent by 2020.[/caption]

America’s colleges and universities are an extraordinary asset for our nation, and the envy of the world. Our universities can claim a substantial amount of credit for the fact that we have more Nobel laureates than any other country and that we lead the world in innovation, in fields from communications to medicine.

Unfortunately, our system is quietly slipping into a crisis brought on by inattention to costs...

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