In this report the Committee for Economic Development examines higher education through the lens of openness. Their goal was to understand the potential impact of greater openness on colleges and universities. Like other service industries such as finance or entertainment, higher education is rooted in information?its creation, analysis, and transmission and the development of the skills required to utilize it for the benefit of individuals and society. But finance and entertainment have been transformed by greater openness while higher education appears, at least in terms of openness, to have changed much less. Their aim, in this report is to identify some of the potential gains from making higher education more open. They also make a series of concrete recommendations for policy makers and for institutions of higher education that should help harness the benefits of greater openness.