Engineering new pharmaceuticals is risky, achingly slow and astronomically expensive. In search of better ways to defray those costs and speed the path to success, Chicago's elite research universities are partnering with the major pharmaceutical companies, ushering in a new era of early-phase collaboration, writes Brigid Sweeney for Crain’s Chicago Business. Read more...

Rolling Stone’s disastrous and discredited campus rape story now has a price tag: US$1.65 million, after the magazine settled the defamation lawsuit filed by the University of Virginia fraternity at the centre of the 2014 blockbuster feature by Sabrina Erdely, which was retracted after key details in the story were called into question, writes Zach Schonfeld for Newsweek. Read more...

By Rajika Bhandari. The demand for a US higher education among students across the world has grown steadily, with the United States hosting almost a million students from over 200 countries. Read more...

By Adam Harris, The Chronicle of Higher Education. Immediately after President Donald Trump was elected, borrower advocates and lawmakers expressed concern about what would happen to the Obama-era regulations aimed at holding for-profit colleges accountable. Read more...