Have you ever wanted to be a university president? Want to try your hands at running an institution of higher learning? Here's your chance. Virtual U is a downloadable simulator made available for free to the public domain by the Sloan Foundation. For more information, and to download a copy, visit Virtual U's website.

From the website:

Virtual U is designed to foster better understanding of management practices in American colleges and universities.

It provides students, teachers, and parents the unique opportunity to step into the decision-making shoes of a university president. Players are responsible for establishing and monitoring all the major components of an institution, including everything from faculty salaries to campus parking.

As players move around the Virtual U campus, they gather information needed to make decisions such as decreasing faculty teaching time or increasing athletic scholarships. However, as in a real college or university, the complexity and potential effects of each decision must be carefully considered. And the Virtual U Board of Trustees is monitoring every move.