Predictions for the “Creative Destruction” of Higher Education

Investor view of the higher ed landscape of the future; fertile and favorable for entrepreneurs:

In the immortal words of economist Joseph Schumpeter, higher education is headed for “creative destruction,” a profound structural and economic shift in favor of employers, students and parents. The future will be grim if you run one of the 4,100 colleges or universities in the United States and are unwilling to embrace dramatic change.

Source: John Backus, writing for The Washington Post: “Commentary: Creative destruction meets higher education”