The End of Higher Education’s Golden Age

GREAT article by Clay Shirky. One of my favorite thinkers.

Embattled Colleges

My friend, Michael Einbinder-Schatz of Jobecca sent me the following link.

http://www.phillymag.com/articles/my-annual-110000-college-tuition-bill/

A father who is not convinced he is getting his money’s worth for his $110k/year education bill.

He was shouted down in the comments, but I think it was unfair.

The college model is way broken.

And I think the educational industry knows it…which is why I saw a piece on CNN titled “Why College Is Worth It”.

Clearly, something that their trade association put in place and the PR folks pitched. Can you imagine that discussion 25 years ago?

Of course not. It was a given..and it was true.

Now, the cost-benefit model is way out of whack and the cracks are starting to show.

Let’s be clear…I’m not against higher education. It’s more critical than ever. What I am against is a system that is based on a previous paradigm.  

It’s going to get disrupted (and it already is a bit).