The Secret of Harvard’s Success
The traditional explanation for US dominance of higher education neglects a crucial piece of the puzzle: America’s innovative governance model for higher education. By putting alumni in charge, American universities have infused the benefits of competition into nonprofit institutions.
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AHMEDABAD, INDIA – No country dominates any industry as much as the United States dominates higher education. According to Shanghai Jiao-Tong University’s Academic Ranking of World Universities, for example, 17 of the world’s 20 best universities are American, with Harvard topping the list by a substantial margin.