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The Higher Education Bubble
The end or modification of the student loan system will suddenly limit not only how much universities can raise costs but whether they can maintain them.
George Friedman • The Storm Before the Calm: America's Discord, the Coming Crisis of the 2020s, and the Triumph Beyond
Many people assume that the disruption will come from the very top, as students flock to courses offered by Ivy League institutions. Yet, this assumes that “education” is the primary product that will be digitized. The very fact that schools like Harvard and Stanford are willing to give that education away for free is evidence that these institutio
... See moreMartin Ford • Rise of the Robots: Technology and the Threat of a Jobless Future
In fact, you can probably make the case that in the long run, the coronavirus pandemic might help sustain the current paradigm of higher education, rather than destroy it. All it takes is one year of seriously threatening to take away everything that makes college great for us to be reminded why it’s so hard to opt out. Yes, some schools will go un... See more
Alex Danco • Positional Scarcity and the Virus
Ballooning student loans in the US are a sign of the current system's inability to meet today's challenges. Investing heavily in initial training is relevant if the goal is to settle in one particular profession. But it is poor preparation for a career during which an individual will frequently switch jobs. In addition, entering one’s working life
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