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: 5, Touché) by Taibhsear on Wednesday September 05 2018, @03:05PM (1 child)
Unlike conservative institutions that never need to take other peoples' money...
*COUGH*
https://en.wikipedia.org/wiki/Financial_endowment [wikipedia.org]
(Score: 0) by Anonymous Coward on Wednesday September 05 2018, @07:04PM
I was going to comment earlier about that...
Anyway when I was a kid, it was the republican/conservatives that wanted higher education. To create a generation of leaders and intellects that show an ambition.
Now, it seems that because there are technical people that are liberal and run huge companies on the west coast, all higher education is bad because you don't need a degree to stay locked into a blue collar job.
I don't seen any of those guys in congress opting to send their kids into a hazardous job instead of college and calling it good that their kid was shielded from liberal elites.
No, that doesn't happen. They go to rich schools for rich people.
Attacking what the middle class views higher education is just a means to try to keep the uneducated blue collars down and eliminating one of those rungs on the ladder we all say helps promote social mobility.
which doesn't make america great again if it means the wrong people move up the ladder. Better to just do away with all of that ladder and keep the people at the bottom. we can give them hope to rise up if they work hard and pull themselves up by their bootstraps--maybe even have a few stories about a ceo that started in the mail room or burger grill. that always helps to convince people that ignorance=intelligence and low paying job=success. Just ask that pappa johns guy. well before he was fired anyway.