In higher education, the United States is the preeminent global leader, dominating the list of the world's top research universities. But there are signs that America's position of global leadership will face challenges in the future, as it has in other realms of international competition. "American Universities in a Global Market"…

In India's beleaguered higher-education system, the Indian Institutes of Technology (IIT) stand apart. The seven institutions have turned out some of the world's finest engineers and computer scientists, eagerly recruited by top graduate schools in the United States. Many of the institutes' graduates have gone on to become the chief executives of…