With thanks to Andrew Sullivan, who pointed me to this article by Kevin Carey. It points to a future where the existing structure of college education, with its hefty pricetag, will crumble, as have the newspapers, in the face of technology.
To pique your interest:
Which means the day is coming—sooner than many people think—when a great deal of money is going to abruptly melt out of the higher education system, just as it has in scores of other industries that traffic in information that is now far cheaper and more easily accessible than it has ever been before. Much of that money will end up in the pockets of students in the form of lower prices, a boon and a necessity in a time when higher education is the key to prosperity. Colleges will specialize where they have comparative advantage, rather than trying to be all things to all people. A lot of silly, too-expensive things—vainglorious building projects, money-sucking sports programs, tenured professors who contribute little in the way of teaching or research—will fade from memory, and won’t be missed.
Read the whole thing here:
4 comments:
Very interesting article. There are also some very interesting comments in response to it.
I have two in college right now so I know the current costs involved!
Cara is a very frugal girl. She found a textbook she needed at Amazon for $30, brand new. The college book store was charging $140.
College is expensive, but you know what? Those same institutions have some real scams going on.
Very interesting, indeed! So many kids are just priced out these days.
It's an interesting concept, whose day just may have come.
Post a Comment