With the delay and potential cancellation of the college football season due to COVID, and considering how leveraged most institutions of higher learning are in general, how imminent is the following prediction:
"Harvard Business School Professor Clayton Christensen consistently turns heads in higher education by predicting that 50% of colleges and universities will close or go bankrupt in the next decade.
Christensen and I made a more measured prediction with more nuance in the New York Times in 2013: 'a host of struggling colleges and universities—the bottom 25% of every tier, we predict—will disappear or merge in the next 10 to 15 years.'"
https://www.christenseninstitute.org...e-next-decade/
Clayton Christensen (now deceased) visited our Stake as a Seventy several years ago. Coincidently, since that visit my little college has invited him and or representatives from the Christensen Institute to come and speak and provide workshops about "disruptive innovation," on three separate occasions.
Essentially, Canadian institutions of higher learning owe their survival to government funding and enrolment. Tuition is less than half if not one quarter the cost of US tuition for the same or a better eduction. Regardless, there may be too many institutions of higher learning here to meet a dwindling domestic enrolment need. Which is remarkable when you consider just how few colleges and universities there are here relative to the US.
Over the past few years, many Canadian institutions had been leveraging their future on the enrolment of international students. International students pay nearly three times the tuition, which is still much less than what they would pay if they attended school in the US. That factor, along with Trumps election has resulted in a marked increase in international applicants. There will be a reckoning for many institutions if these students are not allowed into Canada this fall. But that reckoning pales in comparison to the reckoning major US Colleges and Universities could face if there is a substantial disruption to major college athletics.
On-line learning certainly hasn't been the disruptor Christensen thought it would be. Colleges and Universities had begun to make adjustments, and are now in full adapt and survive mode. Hybridization of curriculum is the new norm. There will be no going back, but what comes next ... what kinds of disruptive innovations does the current COVID epidemic portend?
"Harvard Business School Professor Clayton Christensen consistently turns heads in higher education by predicting that 50% of colleges and universities will close or go bankrupt in the next decade.
Christensen and I made a more measured prediction with more nuance in the New York Times in 2013: 'a host of struggling colleges and universities—the bottom 25% of every tier, we predict—will disappear or merge in the next 10 to 15 years.'"
https://www.christenseninstitute.org...e-next-decade/
Clayton Christensen (now deceased) visited our Stake as a Seventy several years ago. Coincidently, since that visit my little college has invited him and or representatives from the Christensen Institute to come and speak and provide workshops about "disruptive innovation," on three separate occasions.
Essentially, Canadian institutions of higher learning owe their survival to government funding and enrolment. Tuition is less than half if not one quarter the cost of US tuition for the same or a better eduction. Regardless, there may be too many institutions of higher learning here to meet a dwindling domestic enrolment need. Which is remarkable when you consider just how few colleges and universities there are here relative to the US.
Over the past few years, many Canadian institutions had been leveraging their future on the enrolment of international students. International students pay nearly three times the tuition, which is still much less than what they would pay if they attended school in the US. That factor, along with Trumps election has resulted in a marked increase in international applicants. There will be a reckoning for many institutions if these students are not allowed into Canada this fall. But that reckoning pales in comparison to the reckoning major US Colleges and Universities could face if there is a substantial disruption to major college athletics.
On-line learning certainly hasn't been the disruptor Christensen thought it would be. Colleges and Universities had begun to make adjustments, and are now in full adapt and survive mode. Hybridization of curriculum is the new norm. There will be no going back, but what comes next ... what kinds of disruptive innovations does the current COVID epidemic portend?
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