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.
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.”