Harvard Business School professor: Half of American colleges will be bankrupt in 10 to 15 years

In many respects this would be a good thing for much of America. The bubble WILL pop. The crony university system can’t continue on as it has.

(From CNBC)

In his recent book, “The Innovative University,” Christensen and co-author Henry Eyring analyze the future of traditional universities, and conclude that online education will become a more cost-effective way for students to receive an education, effectively undermining the business models of traditional institutions and running them out of business.

At the Innovation + Disruption Symposium in Higher Education in 2017, Christensen specifically predicted that “50 percent of the 4,000 colleges and universities in the U.S. will be bankrupt in 10 to 15 years.”

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