The Pursuit of Excellence

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If the financial crisis besetting U.S. campuses is mishandled, Americans may discover they don't know what they've got until it's gone. "By the year 2000, American higher education will no longer be dominant in the world," warns Joseph Duffey, president of American University in Washington. "Our general belief in education and our ability to finance it are running out." Unless real corrections are made -- and fast -- the U.S. will relinquish its standing as the most desirable place in the world to get a higher education.

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CREDIT: TIME Charts by Steve Hart

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. . . and Where They Are From