The Higher Education Bubble Pt. 2

Colleges haven’t been merely facing a financial crisis, they’ve also been facing a credibility crisis.

Crow and Dabars don’t hold back in tearing down what they call the “Harvardization” of universities, where schools are responding to the higher education crisis by decreasing their acceptance rates and increasing their price tags, instead of trying to develop a better product that’s designed for the scale and type of demand we’re seeing today.

But the college bundle has always more than the sum of its individual parts. In COVID era, colleges are forced to unbundle, so now college is competing with other unbundled alternatives.