The coming 20+ year disruption in Higher Education - Mukond Mohan, Best Engaging Communities

With the advent of MOOC (Massive Online Open Courses) I personally believe it is only a matter of time before many of the 4500 colleges shut down. I personally think 50% of colleges in the US will close down in 10+ years. Similar for Indian colleges – over 50% of colleges in India will shut down in 20 years. Most private colleges make money from endowments, grants, and then from tuition – in that order. Most of the moneyed institutions have “rich” students who then become alumni and donate to the college, many of the smaller colleges don't. http://bestengagingcommunities.com/2013/11/24/the-coming-20-year-disruption-in-higher-education/