To see how incumbent colleges are faring, I recently visited Duke University and talked to Tracy Futhey, its chief information officer, and TimWalsh, head of finance.
Kwon, Tim Schwarz, Kyung Lah, Deirdre Walsh, Judy Kwon, Joe Sterling, Kevin Bohn, Chris Lawrence, Elise Labott, Jill Dougherty, Adam Levine and Jim Kavanagh contributed to this report.