Academia is about to go through a generational reset. The system is broken and the market only tolerates broken systems for so long.
There are a ton of great things that come out of universities but it’s also clear that a model of charging folks well into the six-figures for a useless degree that doesn’t prepare them for the workforce is dead and a reckoning is underway.
Many schools will fail and shut down. Of those left they will be much smaller and with tremendous focus on bringing the cost-value equation back to a defensible reality.
There are a ton of great things that come out of universities but it’s also clear that a model of charging folks well into the six-figures for a useless degree that doesn’t prepare them for the workforce is dead and a reckoning is underway.
Many schools will fail and shut down. Of those left they will be much smaller and with tremendous focus on bringing the cost-value equation back to a defensible reality.