Like mass media and mass commerce, the average university is on the brink of collapse. Its structure is a rotting legacy of the Industrial Age. For years, anybody who wanted to learn on their own lacked the means to do so. Now, anybody with an internet connection has access to information. Harvard and Stanford will be okay, but dark days are ahead... See more

This realization will push most students to delay fall matriculation, or attend a virtual school over Zoom or some other platform. If they do the latter, they certainly won’t want to pay even a fraction of traditional tuition. If a virtual academic year costs 1/10th of the normal tuition, the school would need to enroll at least 10x the number of... See more

Even as the cost of tuition increased, the value of university went unquestioned. Colleges bundled education and signaling. Students who thrived in boring classes signaled traits to employers, like conscientiousness, intelligence and conformity. Now, due to the proliferation of information on the internet and the rise of affordable and effective... See more