A Harvard Professor Says Half of All Colleges Won’t Exist in 10 Years (and Why a New Model Might Provide a Better Path to Career Success)

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Sound far-fetched? Clayton Christensen’s argument is based on a premise familiar to successful entrepreneurs.

Similar to the prediction made by Futurist Thomas Frey in 2013, many colleges will soon struggle to survive.

If you’ve ever used the word disruption to refer to innovations that create new markets and displace long-established companies and products, you might have Harvard Business School professor Clayton Christensen and his best-selling book The Innovator’s Dilemma to thank.

More recently, Christensen has predicted traditional colleges and universities are ripe for disruption, arguing online education will undermine their business models (because education is, ultimately, a business) to such a degree that many won’t survive.

Continue reading… “A Harvard Professor Says Half of All Colleges Won’t Exist in 10 Years (and Why a New Model Might Provide a Better Path to Career Success)”

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

This fall, 19.9 million college students will be traveling to college campuses across the United States to start a new school year. There are over 4,000 colleges and universities in the United States, but Harvard Business School professor Clayton Christensen says that half are bound for bankruptcy in the next few decades.

Christensen is known for coining the theory of disruptive innovation in his 1997 book, “The Innovator’s Dilemma.” Since then, he has applied his theory of disruption to a wide range of industries, including education.

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.

Also, check out Futurist Thomas Frey’s prediction about emerging new edtech.

Continue reading… “Harvard Business School professor: Half of American colleges will be bankrupt in 10 to 15 years”

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