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There are over 4,000 colleges and universities in the United States, but Harvard Business School professor Clayton Christensen says that half are bound for bankruptcy in the next few decades.
In his recent book, "The Innovative University," Christensen and co-author Henry Eyring analyze the future of traditional universities, and conclude that online education will become a more cost-effective way for students to receive an education, effectively undermining the business models of traditional institutions and running them out of business.
More recently, he doubled down on his statements, telling 1,500 attendees at Salesforce.org's Higher Education Summit, "If you're asking whether the providers get disrupted within a decade — I might bet that it takes nine years rather than 10."
originally posted by: lordcomac
So how do you figure when school cost less than 10% of what it costs today for the average student, that they weren't going bankrupt?
How has the cost of running a university gone up?
Maybe they're just paying their top staff too much.