Education as an industry has undeniably missed the change cycle. Today's higher education system is based on foundations that were built centuries ago for a country fundamentally different from the one we live in today. Historically, higher education existed to train the clergymen in subjects that many today consider to be “intellectual nice-to-haves.” Over time, the shift in U.S. population demographics resulted in a need for specialized, almost vocational training programs; however, universities were not able to make that shift.
University tuition has become more expensive, the curricula less useful, and high-paying jobs less accessible for today’s college graduates.
In our lifetimes, we...
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