Do not underestimate or discount the disruptive power of technology! Daniel S. Christian -- June 2009

 

From DSC:
The tidal wave of technological change swept over Blockbuster and the article below shows how it drowned Kodak as well. These players were once at THEE top of their games…now they are either bankrupt or soon to be bankrupt (if things don’t change fast).

This relates to higher education as well, but I don’t think that we’ve seen anything yet (though 2012 may change that). Higher ed may have a limited window of time left before the conversation moves completely out of academia and higher ed as we know it gets left behind. The word “reinvent” and the phrases “staying relevant” as well as “lowering the price” should be at the top of the agendas for boards at most academic institutions of higher education throughout America (and other nations as well). I use the word most here because some folks will likely continue to pay enormous prices to get the name brands that they’ve been paying $50,000+ per year for.

If companies eventually don’t care who accredited your degree but rather what you can DO for them, watch out. The barriers to entry will plummet.

 

You Press the Button. Kodak Used to Do the Rest. — from technologyreview.com
Kodak saw the shift from analog to digital photography coming. Here’s why it couldn’t win.

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Excerpt (emphasis from DSC):

But the industry landscape was completely different in the digital era. Barriers to entry were significantly lowered and the industry was flooded by entrants with a background in consumer electronics, such as Casio, Samsung, and Hewlett-Packard, not to mention Japanese camera manufacturers including Canon, Nikon, and Olympus. Large parts of Kodak’s competence base related to chemistry and film manufacturing were rendered obsolete. The vertical integration that had previously been a core asset to Kodak lost its value. Digital cameras became a commodity business with low margins. The problem facing Kodak wasn’t just that film profits had died but that those revenues could not be replaced.

Once images became digital, Kodak’s business model of “doing the rest” was effectively destroyed. Doing the rest used to entail a large and complex process that only a couple of companies in the world could master. Today, it is done by the click of a button.

Related graphic from DSC:

From Daniel S. ChristianAlso see:

 

12/15/11 addendum re: the conversation moving away from higher ed:

Excerpt (emphasis DSC):

No single blog can adequately capture or represent what was going on at Learning 2011. But if you are intrigued, I suggest you go to www.Learning2011and see what the agenda and the presentations looked like for yourself.
.
What I sensed, and what I am trying to describe here, was an accelerating transition in workforce education from a higher education-centric model to a learner-workplace-centric model. In a world where higher education institutions have dominated, controlled, and driven the conversation about quality, content, access, and results; the balance of power is shifting away from that more monolithic tendency to a far more disaggregated power structure where good information, metrics, and results that can be validated against third party standards are the “coin of the realm”.

 

Official calls for urgency on college costs— from the New York Times by Tamar Lewin

Excerpts:

As Occupy movement protests helped push spiraling college costs into the national spotlight, Education Secretary Arne Duncan urged higher-education officials Tuesday to “think more creatively — and with much greater urgency” about ways to contain costs and reduce student debt.

“Three in four Americans now say that college is too expensive for most people to afford,” Mr. Duncan said. “That belief is even stronger among young adults — three-fourths of whom believe that graduates today have more debt than they can manage.”

Also see:

Addendum later on 11/30/11:

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(Official Department of Education Photo by Joshua Hoover)

“My chief message today is a sobering one,” said Secretary Duncan yesterday at the annual Federal Student Aid conference in Las Vegas, Nev. “I want to ask you, and the entire higher education community, to look ahead and start thinking more creatively—and with much greater urgency—about how to contain the spiraling costs of college and reduce the burden of student debt on our nation’s students.”

From Daniel Christian -- November 2011 -- An important note to publishers of academic/educational materials!

 

From DSC:
We really need a much more granular approach — like an iTunes for academic content.

 

Thinking about innovation in higher education — from Tony Bates

Excerpt:

This article by Peter Stokes, an executive vice-president at Eduventures, has some interesting ideas about how to promote real innovation in the higher education system. In principle, he’s suggesting US Federal funding for a conventional public institution to set up a parallel organization to test alternative ways of organizing, delivering and assessing teaching and learning, but within the Federal regulatory environment to stop diploma mills benefiting from the funding.

Also see:

 

Addendums later on 10/28/11:

  • Where’s the Innovation: Part 1 (Dr. Peter Smith)
    In my next three blogs, I will discuss, with examples, the obstacles faced by existing institutions when they try to innovate, where innovation has already begun and where innovation will come from in the future.

    What makes this moment in time so compelling is that, just as we see the need for a vastly better educated citizenry, the tools to do just that have been revolutionized by the web. For the first time, the tools to drive change and improve learning lie beyond the scope and the control of the academy, in the community which surrounds it. So, for the first time in our history, colleges and universities do not control either the conversation or the drive to innovate. As a consequence, also for the first time, if they stand still, they will be left behind, bobbing in the wake of rapid change (emphasis DSC).
  • Where will innovation begin? — from the Chronicle by Jeff Selingo
    If there was any question that the current model for the vast majority of colleges is not sustainable for much longer, two pieces of news this past week should give the remaining skeptics yet more evidence (emphasis DSC).
    .
    First was the news from a survey of economists that Americans’ incomes, which have dropped some 7 percent since 2000, aren’t expected to even recover those losses until 2021. What’s more, a third of the respondents to the survey said today’s college grads would fare worse than their parents’ generation.
    .
    Then earlier this week we saw news reports of a previously published study on household debt by the Federal Reserve Bank of New York, which predicted that the total amount of student-loan debt would hit $1-trillion before the end of the year.

Student loans outstanding will exceed $1 trillion this year — from USAToday.com by Cauchon

Excerpts:

Students and workers seeking retraining are borrowing extraordinary amounts of money through federal loan programs, potentially putting a huge burden on the backs of young people looking for jobs and trying to start careers.

The amount of student loans taken out last year crossed the $100 billion mark for the first time and total loans outstanding will exceed $1 trillion for the first time this year (emphasis DSC).  Americans now owe more on student loans than on credit cards, reports the Federal Reserve Bank of New York.

Students are borrowing twice what they did a decade ago after adjusting for inflation, the College Board reports.

“It’s going to create a generation of wage slavery,” says Nick Pardini, a Villanova University graduate student in finance (emphasis DSC) who has warned on a blog for investors that student loans are the next credit bubble — with borrowers, rather than lenders, as the losers.

 

From DSC:
Again, this speaks for the need for higher education to work hard on reinventing ourselves — innovating and thinking creatively to come up with significantly lower cost alternatives in offering a quality education to the youth of today. 

 

 

Academic Partnerships

Excerpt from their Value Proposition page:

The concept of a broad based, highly educated population began its journey to reality a 150 years ago, when Abraham Lincoln signed the Morrill Act in 1862. The Act called for the establishment of “at least one College in every state upon a sure and perpetual foundation, accessible to all, but especially to the sons of toil” (emphasis DSC).

Despite the unprecedented success of America’s public university system that is the envy of the world, reduced state and federal funding, almost a trillion dollars in student loans, tuition soaring out of reach for middle class families, stunning demographic changes and declining preparedness for college-level work, today’s public higher education is at a crossroads. Our old ways of doing business are no longer sustainable and the promise of the Morrill Act is in peril (emphasis DSC).

 

Also see:

The University of Wherever — from The New York Times by Bill Keller

Excerpt:

The traditional university, in his view, serves a fortunate few, inefficiently, with a business model built on exclusivity. “I’m not at all against the on-campus experience,” he said. “I love it. It’s great. It has a lot of things which cannot be replaced by anything online. But it’s also insanely uneconomical.”

Disrupt is right. It would be an earthquake for the majority of colleges that depend on tuition income rather than big endowments and research grants. Many could go the way of local newspapers. There would be huge audiences and paychecks for superstar teachers, but dimmer prospects for those who are less charismatic.

Yale pushes online frontier — from Yale Daily News by David Burt, Drew Henderson [originally saw this at Ray Schroeder’s blog]

Excerpt:

Three Yale Summer Session professors taught their course material not only to students in New Haven, but also to their classmates thousands of miles away.

For the first time this summer, Yale Summer Session offered three online courses, two of them for Yale credit, in which students watched recorded lectures and joined live discussion sections with their professors and online classmates via video chat. With “uniformly positive” feedback from students and faculty, the University is now looking to expand this summer’s program for next summer, though Yale Summer Session Dean William Whobrey said there are no plans to use the technology during the academic year.

Resources for finding out how long it takes to develop eLearning — from kaplaneduneering.com by Karl Kapp

From DSC:
One resource mentioned was from the Chapman Alliance, from September 2010, of which these figures are from:

 

The Floating University

From their website:

Great Big Ideas delivers the key takeaways of an entire undergraduate education. It’s a survey of twelve major fields delivered by their most important thinkers and practitioners. Each lecture explores the key questions in the field, lays out the methods for answering those inquiries and explains why the field matters. It is an effective introduction to thinking differently, and a primer in the diverse modes of problem solving essential for success in the 21st century.

A wide range of subjects are covered including Psychology, Economics, Biomedical Research, Linguistics, History, Political Philosophy, Globalization, Investing and more. Within each topic, we will discuss the most current, innovative ideas in the field, dissect them, and look at how they impact not only the world-at-large, but our own lives as well. How does Demography predict our planet’s future? How is Linguistics a window to understanding the brain? What are the fundamentals of successful Personal Finance and Investing? Each of these lectures will be presented by top experts from top institutions around the country.

Two example lectures:

 

 

From DSC:
I post this not because I believe they have the world’s best educators — they may or may not.  But rather, I post this to:

  1. Provide a great resource for those who love to learn — i.e. lifelong learners
  2. To show another example of the disruption that technologies / the Internet bring to higher education.  Such technologies bring affordable, new models and  learning opportunities into the higher ed landscape in a big way.

 

Also see:

 

 

 

From DSC:
I was originally going to write this blog posting back in late July, when I read the first paragraphs of a solid article by Laura Pappano at the New York Times entitled, “The Master’s as the New Bachelor’s.”  At that time, I couldn’t help but think…“Houston we have a problem.”

(Disclosure: I completed my Master’s of Science in
Instructional Design for Online Learning in June 2011 from Capella University.)

Excerpt:

William Klein’s story may sound familiar to his fellow graduates. After earning his bachelor’s in history from the College at Brockport, he found himself living in his parents’ Buffalo home, working the same $7.25-an-hour waiter job he had in high school.

It wasn’t that there weren’t other jobs out there. It’s that they all seemed to want more education. Even tutoring at a for-profit learning center or leading tours at a historic site required a master’s. “It’s pretty apparent that with the degree I have right now, there are not too many jobs I would want to commit to,” Mr. Klein says.

Then, fast forward to today when I was further reminded to contact Houston Command Control Center (metaphorically speaking) when I read Jennifer Lee’s article in today’s New York Times entitled, “Generation Limbo: Waiting It Out“.

Excerpt (emphasis DSC):

“We did everything we were supposed to,” said Stephanie Morales, 23, who graduated from Dartmouth College in 2009 with hopes of working in the arts. Instead she ended up waiting tables at a Chart House restaurant in Weehawken, N.J., earning $2.17 an hour plus tips, to pay off her student loans. “What was the point of working so hard for 22 years if there was nothing out there?” said Ms. Morales, who is now a paralegal and plans on attending law school.

Some of Ms. Morales’s classmates have found themselves on welfare. “You don’t expect someone who just spent four years in Ivy League schools to be on food stamps,” said Ms. Morales, who estimates that a half-dozen of her friends are on the Supplemental Nutrition Assistance Program. A few are even helping younger graduates figure out how to apply. “We are passing on these traditions on how to work in the adult world as working poor,” Ms. Morales said.

The journey on the life path, for many, is essentially stalled.

 

The reasons that I say that we have a problem here in the world of higher education are probably already clear, but to further elaborate on them (with the lenses of my past experience):

  1. Why should I pay ~$55,000 a year$54,763 for just the 2011-2012 academic year — to go to Northwestern University, only to find out that my $220,000+ investment doesn’t land me an excellent, top-rate job? Are we saying that a degree from NU’s College of Arts & Sciences (CAS as it was known in my day) is not enough of an investment to get a good job? Are we now saying that I need another degree before I can start paying off my ever-mounting debt? (i.e. that gorilla on my back that continues to gain weight and has implications for the types of jobs that I now have to go for, whether I like them or whether I am gifted for them or not)
  2. How convenient for corporate HR and hiring managers to be able to ask for the moon yet again — while often not lifting a finger to help these students/potential employees pay for that education! My experience was that corporations always wanted to have their new employees hit the ground running.  But with a crowd of people applying for each open position these days, I would be very interested to see the data on:
    • What % of today’s corporations are actively helping folks obtain the advanced degrees that they are requesting?
    • What % of the time these corporations do this?
    • What % of their employees do such corporations provide this type of assistance for?
    • What % of the degree — or up to what $$ amount — do they pay for?
      .

      Perhaps it is all to easy and convenient — and good for shareholders — during tough economic times to place all of the burden on the backs of the students/future employees; perhaps there are few incentives for companies to change the way the game is played.

      .
  3. Speaking of incentives…how convenient for higher education to go along with this trend as well.  After all, who wouldn’t want to support an environment that contributes to continued enrollments?

 

So…that’s why I say, “Houston, we have a problem.”

  • This type of phenomenon and economic environment seems to be stoking the growing dissatisfaction against the costs involved with obtaining a degree within higher education and the perceived/real return on such an investment.
  • Though “times might have been good” these last few decades, such times may be coming to an end; change is in the air..
  • How should we respond within higher education? Within the corporate world? How can we help more students/prospective employees obtain their college degrees?

 

The impact of new business models for higher education on student financing

Financing Higher Education in Developing Countries
Think Tank | Bellagio Conference Centre | 8-12 August 2011

Sir John Daniel (Commonwealth of Learning)
&
Stamenka Uvali-Trumbi (UNESCO)

Excerpt:

The aim of this paper has been to suggest that in discussing student financing we need to look beyond the current standard model classroom teaching to the likely developments in learning systems over the next decade. These have the potential to cut costs dramatically and thereby lessen the challenge of student financing.

That is fortunate because nearly one-third of the world’s population (29.3%) is under 15. Today there are 165 million people enrolled in tertiary education.[2] Projections suggest that that participation will peak at 263 million in 2025.[3] Accommodating the additional 98 million students would require more than four major campus universities (30,000 students) to open every week for the next fifteen years unless alternative models emerge. (emphasis DSC)

Also see:

OER for beginners: An introduction to sharing learning resources openly in healthcare education
The Higher Education Academy (HEA) (www.heacademy.ac.uk) and the Joint information Systems Committee (JISC) (www.jisc.ac.uk) are working in partnership to develop the HEFCE-funded Open Educational Resources (OER) programme, supporting UK higher education institutions in sharing their teaching and learning resources freely online across the world.

© 2024 | Daniel Christian