Techno-News Blog

March 20, 2018

What is the future of for-profit higher ed?

Filed under: Uncategorized — admin @ 12:15 am

by Autumn A. Arnett, Education Dive

“Ultimately, I think that there won’t be for-profit universities or institutions as we know them today. And by the same token, I don’t think there’s going to be traditional universities the way we know them today” either, said former University of Phoenix President Bill Pepicello in a recent phone conversation. Pointing to the industry-disrupting model initiated by Purdue University’s acquisition of Kaplan University, Pepicello predicts “the future of higher ed in general is going to be an institution that comes out of the morphing of for-profit and traditional institutions.” “What I predict is the Purdue-Kaplan thing will begin to develop a business model that looks more like a for-profit business model. Whether you’re a fan of for-profit or not, it does have a functioning business model, and in that fact, I think that’s where higher ed in the U.S. is suffering right now: The current business model is not sustainable,” he said.

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