4 ms·
> It wouldn't surprise me if he's right, but not for the right reasons. Half of US colleges could go bankrupt in 10-15 years simply because they don't really pr
by ptero 8y ago
> It wouldn't surprise me if he's right, but not for the right reasons. Half of US colleges could go bankrupt in 10-15 years simply because they don't really provide a good education.
Another reason (probably several) is that at the moment school education in the US is pretty bad. Private and even average US universities are usually decent at filling those gaps. Even mediocre universities (as long as they are inexpensive), can provide some benefits because they have to compete and convince parents that their money is not going to be completely wasted.
Improve schools so most graduating kids have a decent general education and experience in 2-3 STEM technologies of choice (which I bet we could achieve during 13 years of school) and suddenly the number of people who want to spend another 4 years at Podunk U shrinks a lot more. My 2c.