Higher Ed’s Creative Destruction
In the immortal words of economist Joseph Schumpeter, higher education is headed for “creative destruction,” a profound structural and economic shift in favor of employers, students and parents. The future will be grim if you run one of the 4,100 colleges or universities in the United States and are unwilling to embrace dramatic change. Especially if you run one of the 1,750 private schools that lack a top ranking from U.S. News & World Report.
