Harvard Business School professor: Half of American colleges will be bankrupt in 10 to 15 years

CNBC ^ | 11/15/2017 | Abigail Hess

[x1stcav]

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.

[cgbg]

I think it will take another ten to fifteen years—then the world will be rid of politically correct universities-not a moment too soon!

[antidisestablishment]

You’re being quite generous in my opinion.

[Savage Beast]

At least half of them are morally bankrupt now.

[x1stcav]

Probably at institutions that specialize in ‘hard’ knowledge as opposed to ‘puff’ curricula.

[Machavelli]

and closer to 100% of them are morally bankrupt

[bert]

Labs are where the learning takes place

The anti college types here have no clue about education and especially about the hands on value of labs

(For those in Rio Linde, Labs are not Labrador retrievers)

[grania]

There is so much European History between the decline of the Roman Empire and 1492. Another fascinating era is Victorian England.

I took a lot of history courses in college, but very few delved into much but wars and major events. These courses bring their eras alive.

[JesusIsLord]

online education will become a more cost-effective way for students to receive an education,...

No, online education IS the more cost-effective way to receive an education.

Sometimes you hear the argument that Johnny or Suzie will lose out on the "college experience" if they're deprived of going to a brick and mortar school. College experience - really? Experiences like debauchery, indoctrination and shaming by loony liberal professors, etc., etc. If Johnny insists on going to Fornication U. let Johnny sign and pay for it!

And here I thought going to school was to gain an 'academic' education. How foolish of me.

There are many fully accredited fully online schools that offer degrees without the crazy high cost. WGU and Amberton come to mind.

In a similar vein - if parents are tired of having their K-12 schools indoctrinate their kids, online no-cost schools are a great alternative. "K12" online school comes to mind.

[E. Pluribus Unum]

No more degrees in African Homosexual Studies?

[Migraine]

They are already intellectually bankrupt, 90% I would say. So, if they are the supposed bastion of intellectual foment, then it follows that pecuniary bankruptcy should be in the “wake”.

[Fai Mao]

Labs could be replaced with on the job apprenticeships. Combining online book knowledge with on-the-job training. A corporation could set this up easily and have more control of the instruction quality.

[Tench_Coxe]

So, any bets on the next scam whipped up to subsidize the lifestyle of unemployed “studies” professors? Global warming and it’s carbon exchanges look like a bust. Current trends suggest government functionary jobs are out. And the b a rista profession is reaching a saturation point.

[x1stcav]

(For those in Rio Linde, Labs are not Labrador retrievers)

Now that’s so condescending you might qualify as a leftard.

Nobody here is saying that labs can be replaced...but not ever major requires labs.

Actually, many of us ‘anti college types’ might have educational credentials at least equivalent to or perhaps better than yours.

[x1stcav]

Yes, these are good times.

[uncbob]

Too bad it doesn’t start 2018

I find that skilled workers like plumbers-electricians-HVAC techs—car mechanics etc have much more sense that liberal arts college grads like some of my nieces and nephews

[x1stcav]

Your suggestion might be typical of innovative solutions to the problem that will come about through private enterprise.

[Hyman Roth]

Don’t forget the perception among most young people of college being the only qualifier for a “good” or even marginal job.<.I>

I struggle explaining this to my sons. Starting in 10th grade the teachers just pound into their heads that if they don't go to college they will be failures. Makes me effing mad. And my effing in laws are just as bad.

[bert]

Places where wisdom prevails have developed colleges where the industry desired training is provided in Labs along with classes in math and English and writing

Your thoughts are totally outmoded. Unions are no more

[x1stcav]

A funny thing happens when one has to go out in the world and get one’s hands dirty.

I did four years at a major university but got my real education in the US Army.

[vpintheak]

States will continue to dump money into them. Taxes will be raised, tuition and fees increased. All under the insane idea that kids “need” college. The biggest pushers are leftist elitists and government and teachers unions who cannot stand to lose their indoctrination centers.