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from the will-Harvard-be-one-of-them? dept.
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, Insightful) by Anonymous Coward on Wednesday September 05 2018, @04:39PM
They've also diluted the quality of their institutions due to the 'Everybody has to go to college!' fad. That is driven largely by employers who are too lazy and greedy to properly interview candidates, so they require degrees for jobs that should never need them to cut down on their own workloads. The result of the indoctrination that everyone should go to college is that too many people who don't actually care about education attend colleges and universities, and then those institutions lower their standards in order to make money from these losers.