Leaders of U.S. universities and colleges are navigating a challenging economic environment. Revenues from enrollment, government, and other sources have fallen, leading many institutions to raise tuition to unsustainable levels and putting a number of the weakest schools at risk of failing.
This is an unfortunate effect of
subsidizing public education, making it
more expensive in the long-term.
Meanwhile, the return on investment of a degree is increasingly subject to debate. After years of low graduation levels and high unemployment rates for those students who do complete college, the spotlight has shifted firmly toward improving outcomes.
One thing to note, that the article could have done, would have been to look at long-term trends in the student success rates and spending levels to see if a tenfold increase in spending led to any significant increase in student success.
Additionally, college as we know it—what it looks like, how it gets delivered, and who it serves—is being altered.
And this is a good thing. The world has change, so should the way we learn and teach.
These and other forces are transforming the U.S. higher-education system. The fundamental model of universities and colleges has been called into question. Experiments large and small across the nation point to a multitude of paths forward.
More:
Five Trends to Watch in Higher Education
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