CNBC:
There are over 4,000 colleges and universities in the United States, but Harvard Business School professor Clayton Christensen says that half are bound for bankruptcy in the next few decades.
Christensen is known for coining the theory of disruptive innovation in his 1997 book, "The Innovator's Dilemma." Since then, he has applied his theory of disruption to a wide range of industries, including education.
In his recent book, "The Innovative University," Christensen and co-author Henry Eyring analyze the future of traditional universities, and conclude that online education will become a more cost-effective way for students to receive an education, effectively undermining the business models of traditional institutions and running them out of business.
What percentage of their graduates will be bankrupt?
(Score: 1, Interesting) by Anonymous Coward on Thursday September 06 2018, @03:43PM
It's about what the schools are spending money on. Increasingly, money is being spent on positions that don't directly help students. One of the reasons that charter schools outperform public schools (at least in some places like Boston, MA) is that they run very lean administrations and have more people in the classroom interacting with students.