by Clayton Christensen and Henry Eyring, Chronicle of Higher Ed
Even if the world were as full of high-paying out-of-state and international students as some university administrators seem to believe it is, there’s no future in a strategy of consistently raising tuition at rates in excess of inflation and the earning power of the average college degree. Online learning degrees are steadily getting better, and the cost of providing them is a small fraction of what traditional institutions spend per graduate. Faced with an either-or choice, many young college students will follow the lead of adult learners: They’ll take the affordable online learning option over the socially preferable but financially inaccessible traditional college experience.
http://chronicle.com/article/How-to-Save-the-Traditional/128373/?sid=wc&utm_source=wc&utm_medium=en
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