There are events taking place that presage the extinction of the university as we know it.
Trend 1: Not so much a trend than an event is the fact that Thrum, a Stanford tenured faculty left his teaching position to start an education start-up Udemy. In other words the perceived risk for a faculty in a top position in giving up traditional education is less than the perceived benefit from an online education venture.
Trend 2: The demand from students (and President Obama) is for lower tuition. With tight budgets, and tied in capital, schools are faced with a pressure to reduce tuition and increase spending. Technology is the only way organizations can deliver in this environment
Trend 3: Schools need to offer education 24/7 in all locations and in all formats - their clients demand it. Technology offers an answer
We believe that these trends, along with an enabling environment will lead to the extinction of universities as we know them.
Read More...... (our Washington Post blog this week)
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