Tuesday, November 21, 2017

The bubble is going to burst for colleges and universities, professor says - JARRETT LYONS, Salon.com

Half of the colleges and universities in the United States are in danger of bankruptcy over the coming decades. Harvard Business School professor Clayton Christensen said that the number — up to 2,000 schools could be affected over the next 10 to 15 years — is thanks to online education. In Christensen’s most recent book, “The Innovative University,” he and co-author Henry Eyring theorized that online education will dominate the marketplace for higher education and drive more traditional schools into bankruptcy. At the a recent Salceforce.org Higher Education Summit, he said "If you're asking whether the providers get disrupted within a decade — I might bet that it takes nine years rather than 10," according to CNBC. https://www.salon.com/2017/11/15/the-bubble-is-going-to-burst-for-colleges-and-universities-professor-says/