Carol Folt: How to Fix Higher Education Posted Jun 7, 2016 At the University of North Carolina at Chapel Hill, we spend roughly $170 million a year complying with too-often vague, complex or duplicative state and federal regulations. If we are to keep pace with a changing world, we need to take quick and drastic actions to make our universities more nimble. How can we be more efficient? Where do we have opportunities? (Wall Street Journal)