Fearless, confident leadership is required in our universities. Leaders focused on academic excellence and student success will eventually prevail, but it may not be pretty between now and then as fearlessness is a scarce commodity in the face of subvention and capitation.

No episode was more important in shaping the outlook and expectations of American higher education during those years (the late 19th century) than the founding of the University of Chicago, one of those events in American history that brought into focus the spirit of an age.

Frederick Rudolph, The American College and University: A History