Sr. Fellow Richard Vedder, author of Restoring the Promise: Higher Education in America speaks at the Manhattan Institute about the issues facing higher education.

Higher education in America is in crisis. Costs are too high, learning is too little, and the financial payoff to students and taxpayers is often abysmal. In Restoring the Promise: Higher Education in America, economist and economics professor Richard Vedder documents how this precarious situation was fostered by the expansion of government involvement in the academy, especially at the federal level.