Matthew Rascoff, Evolllution
Rather than viewing bootcamps as a threat, higher education should integrate the bootcamp model into the undergraduate experience to prepare graduates with the combinations of knowledge and skills they will need in their careers and lives. While the intensity, flexibility and experiential learning of bootcamps are compelling, those features are complementary to four-year undergraduate education. For most colleges, bootcamps are a sustaining innovation that can be absorbed into the core—not a disruptive innovation that must be developed or acquired and protected on the margins. Bootcamps haven’t undermined the bachelor’s degree, for which the return on investment is an annualized 15 percent per year—performance that would make any Wall Street investor envious.
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