{"id":36339,"date":"2013-01-11T17:19:54","date_gmt":"2013-01-11T22:19:54","guid":{"rendered":"http:\/\/danielschristian.com\/learning-ecosystems\/?p=36339"},"modified":"2013-01-14T12:35:06","modified_gmt":"2013-01-14T17:35:06","slug":"another-way-of-saying-the-higher-education-bubble-is-popping","status":"publish","type":"post","link":"http:\/\/danielschristian.com\/learning-ecosystems\/2013\/01\/11\/another-way-of-saying-the-higher-education-bubble-is-popping\/","title":{"rendered":"Another way of saying the higher education bubble is popping"},"content":{"rendered":"<p><a href=\"http:\/\/online.wsj.com\/article\/SB10001424127887324442304578231922159602676.html\" target=\"_blank\"><strong>Colleges lose pricing power<\/strong> <\/a>&#8212; from the WSJ by Michael Corkery<\/p>\n<p><em>Excerpt (<span style=\"color: #800000;\">emphasis DSC<\/span>):<\/em><\/p>\n<p style=\"padding-left: 30px;\">The demand for four-year college degrees is softening, the result of a <span style=\"color: #800000;\"><strong>perfect storm<\/strong><\/span> of economic and demographic forces that is sapping pricing power at a growing number of U.S. colleges and universities, according to a new survey by Moody&#8217;s Investors Service.<\/p>\n<p style=\"padding-left: 30px;\">Facing stagnant family income, shaky job prospects for graduates and a smaller pool of high-school graduates, more schools are reining in tuition increases and giving out larger scholarships to attract students, Moody&#8217;s concluded in a report set to be released Thursday.<\/p>\n<p style=\"padding-left: 30px;\"><span style=\"color: #ffffff;\">.<\/span><\/p>\n<p><em><span style=\"color: #800000;\">From DSC:<\/span><\/em><br \/>\n<strong><span style=\"color: #800000;\">To me, this is just another way of saying the higher education bubble is popping.\u00a0 <\/span><\/strong><span style=\"color: #800000;\">I think the bubble may pop at different times for different institutions, but the overall picture is clear: Higher ed will either reinvent itself &#8212; and hopefully quickly &#8212; or it will lose a portion of its relevance and place in society <em>(how much is ultimately lost depends upon how much higher ed can experiment, innovate, and reinvent itself).<\/em><\/span><\/p>\n<p><span style=\"color: #800000;\"><em>Also relevant here:<\/em><\/span><\/p>\n<ul>\n<li><strong><a href=\"http:\/\/donaldclarkplanb.blogspot.co.uk\/search?q=Student+cliff\" target=\"_blank\">Student cliff \u2013 7 reasons for plummeting student numbers<\/a><\/strong> &#8212; from Donald Clark [UK]<br \/>\n<em>Excerpt:<\/em><br \/>\nLots of angst has appeared around what is now being dubbed the \u2018<i>student cliff<\/i>\u2019. The Vice-Chancellor of the University of Worcester says there will be <a href=\"http:\/\/www.guardian.co.uk\/education\/2012\/jan\/30\/uk-univeristy-applications-fall\" target=\"_blank\">10% drop in the proportion of UK students<\/a> starting degrees this year, the steepest fall in 30 years. To be precise, he predicts a 70,000 drop in applications. We have already seen a 53,000 student shortfall.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Colleges lose pricing power &#8212; from the WSJ by Michael Corkery Excerpt (emphasis DSC): The demand for four-year college degrees is softening, the result of a perfect storm of economic and demographic forces that is sapping pricing power at a growing number of U.S. colleges and universities, according to a new survey by Moody&#8217;s Investors [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[61,159,72,533,36,35,3,239,436,310,38,321],"tags":[653,606,808,586,585,566,661,693,251,637,779,722,588,728,572],"class_list":["post-36339","post","type-post","status-publish","format-standard","hentry","category-business-side-of-he","category-dangers-of-the-status-quo","category-daniel-s-christian","category-experimentation","category-future-of-higher-education","category-game-changing-environment","category-higher-education","category-new-business-models","category-reinvent","category-staying-relevant","category-uk","category-united-states","tag-dangers-of-the-status-quo","tag-daniel-s-christian","tag-experimentation","tag-future-of-higher-education","tag-game-changing-environment","tag-higher-education","tag-innovation","tag-new-business-models","tag-new-business-models-in-he","tag-perfect-storm","tag-reinvent","tag-staying-relevant","tag-uk","tag-united-states","tag-walmart-of-education"],"_links":{"self":[{"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/posts\/36339","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/comments?post=36339"}],"version-history":[{"count":14,"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/posts\/36339\/revisions"}],"predecessor-version":[{"id":36368,"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/posts\/36339\/revisions\/36368"}],"wp:attachment":[{"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/media?parent=36339"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/categories?post=36339"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/tags?post=36339"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}