That’s a VC, or Fred Wilson, venture capitalist (comments are definitely worth a read).
As Christensen argues in the startupgrind video below, universities have competed together to move upmarket, with rock walls, high-end facilities, and more and more amenities. All the while, they’ve been getting heavier on management and administration. Christensen suggests that newer business models are utilizing technology at their core, and training people on the job for specific skills. This is seriously undercutting the old university model.
I find myself thinking of this misalignment (straying from the core educational mission, overpromising, the end of an era?) when I see splashy diversity-laden brochure photos, and huge athletic programs hyped as the faces of university life. Costs keep going up and the value of many degrees keeps going down.
Perhaps there is a correlation with other overall trends in our society to run museums like businesses, the competition between the private and public sectors, the growth of the ‘meritocracy’ and Washington D.C. and our continually growing government as well. Perhaps I’m overhyping it myself, but the ‘greatness’ model is under serious stress.
Will half of universities be in bankruptcy in a few decades? How much will technology disrupt education?
Interesting times. What have venture capitalists got right, and what might they be missing?
What has really changed regarding human nature?
From The American Conservative Blog: The false promise of MOOC’s (Massive Open Online Courses).
Related On This Site: Repost: Mark Cuban From His Blog: ‘The Coming Meltdown in College Education & Why The Economy Won’t Get Better Any Time Soon’…From The New Criterion: ‘Higher Ed: An Obituary’,,,Ron Unz At The American Conservative: ‘The Myth Of American Meritocracy’
Analagous to old media? What to change and what to keep: From The Arnoldian Project: ‘Architecture, Campus, And Learning To Become’
Should you get a college degree, probably, but you also probably shouldn’t lose sight of why you’re going and divorce yourself entirely from the cost: Gene Expression On Charles Murray: Does College Really Pay Off?…Charles Murray In The New Criterion: The Age Of Educational Romanticism…