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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: 2) by AthanasiusKircher on Thursday September 06 2018, @01:29AM (1 child)
Have to agree with you there.
I took a course entirely online in 1997. Well, there were physical lectures, but all the notes and assignments, etc. were available online and all assignments were intended to be turned in online. I never attended class, and the only time I showed up for anything physically was for the final exam.
So yeah, the option of doing this has been around a long time -- people just didn't do it as often. And long, long before that, there were correspondence courses by mail etc., which basically did something similar in a different medium.
(Score: 2) by VLM on Thursday September 06 2018, @11:55AM
Heh, I just thought of something, taking CLEP tests for 100-level classes in 1993. Not all schools accept those for credits, but its nice when they do.