Jeff Selingo and Michael Horn review recent headlines around higher ed before they speak in person to a community college board at a retreat in Sun Valley, Idaho. They compare the different value propositions of two- and four-year colleges and discuss government intervention into university mergers and acquisitions. Other topics they discuss include legacy admissions and the value of credentials from prestigious universities. And Jeff makes an exciting announcement: his new book! The episode is sponsored by the Bill & Melinda Gates Foundation and Ascendium Education Group.