Derek Bok:

American higher education is the envy of the world. Students flock to this country from all over, and the most highly ranked schools tend to be here. We should be proud!
American higher education is a mess. With high costs, low graduation rates, unhappy faculty members and coddled students, our universities are about to be radically disrupted by massive, technologically driven change. A good thing, too!
How to reconcile these opposing views? At a time when ambitious business-school professors and salivating entrepreneurs predict the end of the university as we know it, and at a time when we have never been more in need of an educated workforce and citizenry, the task of understanding the evolving mission and performance of American higher education has never been more urgent. Thank goodness Derek Bok, a two-time president of Harvard and a judicious, learned analyst of education, has taken on this undertaking. His book is too long to be called a report card, but it is a detailed progress report on the challenges and opportunities facing our nation’s colleges and universities.