"Marvin Lazerson’s new book is exactly what is needed: a readable, cogent explanation of how the U.S. can have the best system of higher education in the world, but also a system that seems to be coming apart at the seams.” —Susan Fuhrman, President Teachers College, Columbia University, President of the National Academy of Education "In prose remarkable for its clarity and analysis remarkable for its fair-mindedness, this volume delivers a penetrating, nuanced account of American universities in the twenty-first century. Blessedly without rant or cant, the book tackles topics that range from the rise of the managerial class to the failed attempts to reform prac...