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, Touché) by Anonymous Coward on Wednesday September 05 2018, @04:56PM (1 child)
They're not morons. They Learned How to Learn, after all. It just so happens that they need someone else's help whenever they need to learn anything else.
(Score: 2) by The Mighty Buzzard on Wednesday September 05 2018, @05:43PM
They also learned how to acquire massive debt that's immune to bankruptcy at a time when they have essentially no income. This is an extremely valuable lesson if we want to keep a thriving student loan industry in the nation.
My rights don't end where your fear begins.