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Friday, November 17, 2017

Half of American Colleges Will Be Bankrupt In 10 to 15 Years - Harvard Prof

Online schooling provides cheaper alternative to receiving education

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.

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Publishers Notes: I made this exact statement when I ran for Mayor in Salisbury.

6 comments:

Anonymous said...

I really feel sorry for the bleeding heart , money grubbing libs.
They overpriced education themselves

Anonymous said...

GOOD --they have bankrupted students minds with their liberalism , hate for country, victimization,communism and racism against Whites and Christians for 30 years

Anonymous said...

Then on Saturdays we'll have to watch community college football.

Anonymous said...

11:40's logic:

I'm an idiot so all education is liberal conspiracy waaaaaaaaahh

Anonymous said...

Most business majors at SU all believe they will be millionaires in a few years upon graduation. Most have I'm more successful then you attitude towards maintenance workers in campus. Most are unemployed and will be leaving college 120k in debt. 850 a month loan payment for 10 years. I've tried talking to them and all I get is my feelings hurt.

Anonymous said...

Can you imagine all the empty space left when the college goes belly up?