Drinking from the Firehose | Alex Taussig, Lightspeed | Substack

MIT/Google could offer a two-year degree in STEM. The myth/magic of campuses and geography is no longer a constraining factor — most programs will be hybrid soon, dramatically increasing enrollments among the best brands. MIT/Google could enroll 100,000 kids at $100,000 in tuition (a bargain), yielding $5 billion a year (two-year program) that woul... See more

One of these would transform the way students pay for higher education. Instead of enrolling, for example, they might subscribe to college; for a monthly fee, they could take whatever courses they want, when they want, with long-term access to advising and career help.

The rising cost of college and the student debt crisis have become one of the main causes for concern for the US economy. A growing economy and full employment mask the dangers of this crisis in the making: the overall price of higher education increased 600% between 1980 and 2010, double the rate of inflation in that period (per Ryan Craig's "Coll... See more