America has 4,000 colleges and universities. The rest of the world combined has 7,768 institutions of higher education. California has 130 colleges and universities. There are only 14 countries with more than that.
What is the value of a great college?
A study conducted by BankBoston Economics Department surmised that MIT graduates have founded 4,000 companies, created 1.1 million jobs worldwide and generated sales of $232 billion dollars.
My question: How does a country like ours with colleges that are the envy of the world manage to perform so poorly comparatively with our secondary school systems?
If we need a model of superior education it is already here in our own country.
Data from The World is Flat Release 2.0 by Thomas Friedman