How does U-M evolve its business model?

To say that our nation's higher education system is in danger of collapse is not an understatement. Costs are increasing, support is decreasing, student debt is becoming a major liability. Our ability to provide world class teaching is eroded everyday, even as technical know-how and advanced college degrees have become necessary for economic advancement. U-M's president Mary Sue Coleman has some ideas for how to prepare for that uncertain future, according to The Center For Michigan. Could it be a model for other institutions?

Excerpt:

"Together with Provost Phil Hanlon, a former U of M mathematics professor, Coleman has been developing a two-pronged strategy for dealing with the university’s increasingly fraught environment, which includes sharply reduced state support, rising tuitions, ballooning student debt, reduced student accessibility, legislative hostility and a new Web-based technology for delivering education products."

Read the rest here.
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