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: 2, Informative) by Anonymous Coward on Wednesday September 05 2018, @03:14PM (6 children)
https://www.aei.org/wp-content/uploads/2018/05/UMnew.png [aei.org]
(Score: 2) by The Mighty Buzzard on Wednesday September 05 2018, @04:33PM (1 child)
Muchos grassy ass, me amoeba. I was out paying bills, visiting contractors, and picking up tools for remodeling the place TR just purchased and in no position to respond.
My rights don't end where your fear begins.
(Score: 0) by Anonymous Coward on Wednesday September 05 2018, @07:20PM
de nalgas
(Score: 0) by Anonymous Coward on Wednesday September 05 2018, @10:45PM
That list is mostly female. Must be a side channel way of evening up the university’s diversity employment.
(Score: 2) by Kell on Wednesday September 05 2018, @11:26PM (2 children)
Interesting! I'll happily concede that my expectations were different from this! Thank you for the additional information. The hiring geography in the US must be different to Australia - In contrast, here diversity officers would be lucked to pull a median wage of $60k.
Scientists ask questions. Engineers solve problems.
(Score: 2) by The Mighty Buzzard on Thursday September 06 2018, @12:28AM (1 child)
Our higher ed administrative staff are both grossly inflated in numbers and grossly overpaid at the moment, yup.
My rights don't end where your fear begins.
(Score: 3, Informative) by Reziac on Thursday September 06 2018, @02:43AM
Meanwhile, my sister (who is a high-end STEM professional) gripes that she can no longer find qualified graduates in her field, and that apparently some basic functions are no longer being taught at all. She leads an annual raiding party on her alma mater (which is rather less converged than the norm), and still comes up short.
And there is no Alkibiades to come back and save us from ourselves.