Excerpt: Thoughtful insiders acknowledge that, for some years, elite universities, particularly those within the Ivy League, have grown dangerously detached from ordinary Americans, not to mention unmoored from their own academic and meritocratic values.
University boards appear especially weak. They have not grown much more professional or effective, even as the wealth and fame of their institutions has soared. Many are oversized. Prestigious private colleges commonly have at least 30 trustees; a few have 50 or more. It is not easy to coax a board of that size into focused strategic discussions. It also limits how far each trustee feels personally responsible for an institution’s success.
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