How to Start a University

Photo by Vadim Sherbakov on Unsplash

Every few moths I get a call from someone who thinks they want to start a new university in the United States. These are usually one and done calls, because the would be university founder does not like what I have to say.

Starting a college or university in the U.S. is very expensive due to regulatory requirements. It is not a business that you can bootstrap. You have to have significant cash to invest before…