The Lessons of Deregulation

As state support for higher education diminishes, public universities and their advocates in several states are asking for greater autonomy from government oversight in exchange for less money. But before states proceed too far, they might do well to examine the doleful experience of New Zealand, which has been on that path for more than a decade.

Colorado, South Carolina, Virginia, Wash-ington, West Virginia, and others have been lured by the call of the open market. Some of those

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