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There are a number of ‘jobs to be done’ to consider when we talk about replacing college- as outlined by Michael Staton in the Harvard Business Review. Ray feels that the last component to be unbundled is the self-transformation that college campuses facilitate.

Many people heralded the ubiquitous access to first rate educational materials as a ‘college killer’. Indeed, some people still think that MOOCs will replace colleges in the future. But, according to Ray, “people don't generally don't go to college for the content. They go to for college for almost everything except the content.”

“I think most likely what it's going to look like is something or someone that can target those young people who might be 17 or 18. And I would say almost like a gap year, right? Starting out with some program that can help them sort of reflect and figure out what they want to do, who they want to be. And probably some sort of looping in and out be... See more