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Failing College

Sean Gallup
/
Getty Images

Colleges have a problem: fewer people are applying every year. Universities are competing like crazy for any edge they can get. Some are offering more financial aid, others are building tiger habitats. But the economic impact of fewer universities could be large.

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Stacey Vanek Smith is the co-host of NPR's The Indicator from Planet Money. She's also a correspondent for Planet Money, where she covers business and economics. In this role, Smith has followed economic stories down the muddy back roads of Oklahoma to buy 100 barrels of oil; she's traveled to Pune, India, to track down the man who pitched the country's dramatic currency devaluation to the prime minister; and she's spoken with a North Korean woman who made a small fortune smuggling artificial sweetener in from China.
Sally Herships