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Post Corona: Higher Ed, Part Deux | No Mercy / No Malice
Schools charging $50,000/year or more (Brown, NYU) have value propositions that have been rendered untenable overnight. The elimination of the university experience is similar to SeaWorld without killer whales. Yeah, we get it … free Willy, but I’m not paying $450 to see otters and penguins. Also, we’re not paying $54,000 for Zoom classes.
Scott Galloway • Post Corona: Higher Ed, Part Deux | No Mercy / No Malice
This is where the opportunity lies. Through severely overdue cost reductions and deploying small and big tech, we can dramatically lower the cost per student of a college education. The corporatization of campuses, bloated administrations, tenure, a lack of accountability, and a god complex that we, academics, are noble when in fact we’ve been prey... See more
Scott Galloway • Post Corona: Higher Ed, Part Deux | No Mercy / No Malice
As in any sector, Covid-19 has yielded some unlikely winners. For example, the Cal State system, who many would argue is the real jewel of California, has announced they will be online only. This allows them to focus on the tech and training to deliver a better online experience. Cal State, which will graduate 40,000 more students than the entire I... See more
Scott Galloway • Post Corona: Higher Ed, Part Deux | No Mercy / No Malice
The prize is enormous — a dramatic increase in the number of seats at good schools. Fifty percent online courses is tantamount to a doubling of the physical campus and returning admission rates back to what they were in the eighties, a time when the unremarkable sons of single immigrant mothers from lower middle class households were given remarkab... See more