{"id":18502,"date":"2011-04-26T17:42:17","date_gmt":"2011-04-26T21:42:17","guid":{"rendered":"http:\/\/danielschristian.com\/learning-ecosystems\/?p=18502"},"modified":"2011-04-26T19:23:12","modified_gmt":"2011-04-26T23:23:12","slug":"higher-education%e2%80%99s-toughest-test-bischke-shah","status":"publish","type":"post","link":"https:\/\/danielschristian.com\/learning-ecosystems\/2011\/04\/26\/higher-education%e2%80%99s-toughest-test-bischke-shah\/","title":{"rendered":"Higher education\u2019s toughest test [Bischke &#038; Shah]"},"content":{"rendered":"<p><a href=\"http:\/\/techcrunch.com\/2011\/04\/24\/higher-education%E2%80%99s-toughest-test\/\" target=\"_blank\"><strong>Higher education\u2019s toughest test<\/strong><\/a> &#8212; from by Jon Bischke and Semil Shah<\/p>\n<p style=\"padding-left: 30px;\">In the debate sparked by Peter Thiel\u2019s \u201c20 Under 20 Fellowship\u201d (which pays bright students to drop out of college), one fact stands out: the cost of U.S. post-secondary education is spiraling upward, out of control. Thiel calls this a \u201cbubble,\u201d similar to the  sub-prime mortgage crisis, where hopeful property owners over-leveraged  themselves to lay claim to a coveted piece of the American dream: home  ownership.<\/p>\n<p style=\"padding-left: 30px;\">&#8230;<\/p>\n<p style=\"padding-left: 30px;\">Today, however, the credentialing provided by universities is becoming  decoupled from the knowledge and skills acquired by students. The cost  of obtaining learning materials is falling, with OpenCourseWare  resources from MIT and iTunes U leading the charge. Classes can be taken online on sites like Udemy and eduFire, either for free or a fraction of the cost to learn similar material at a university, and sites like Veri, which recently launched at TechStars NYC Demo Day, aims to organize and spread one\u2019s accumulated knowledge.<\/p>\n<p style=\"padding-left: 30px;\">&#8230;<\/p>\n<p style=\"padding-left: 30px;\">The fresh cadavers from the shakeouts in the music and publishing  industries should provide motivation to presidents, chancellors, and  provosts to look seriously at this problem, <strong>as many of the same dynamics  that disrupted those industries are now at play in higher education.<\/strong> As  students around the world start preparing for their year-end exams, it  will be interesting to see how seriously leaders of universities prepare  for one of the toughest tests that they\u2019ll ever face.<\/p>\n<p>&nbsp;<\/p>\n<p><strong><span style=\"color: #800000;\">From DSC:<\/span><\/strong><br \/>\n<span style=\"color: #800000;\">I have been trying to get these trends\/warnings\/messages across to others for <em>years<\/em> &#8212; more people are starting to raise the same red flags on some of these same topics as well. <\/span><\/p>\n<p><span style=\"color: #800000;\">There is great danger in the status quo these days.<em> Don&#8217;t get me wrong &#8212; I&#8217;m a firm believer in education, especially liberal arts education.<strong> But the traditional model is simply not sustainable<\/strong><\/em> &#8212;<strong> <em>it continually shuts more people out of the system and\/or puts such a burden on students&#8217; backs as to significantly influence &#8212; if not downright limit &#8212; their future options and experiences. <\/em><\/strong><\/span><\/p>\n<p style=\"text-align: right;\"><span style=\"color: #800000;\">But as the saying goes, <\/span><strong><span style=\"color: #800000;\">&#8220;Change is optional &#8212; survival is not mandatory.&#8221;<\/span><\/strong><\/p>\n<p><span style=\"color: #800000;\"><br \/>\n<\/span><\/p>\n<p><strong><span style=\"color: #800000;\">Addendum:<\/span><\/strong><\/p>\n<ul>\n<li><a href=\"http:\/\/donaldclarkplanb.blogspot.com\/2011\/04\/is-higher-education-classic-bubble-7.html\" target=\"_blank\"><strong>Is Higher Education a classic bubble? 7 reasons to think so<\/strong><\/a> &#8212; by Donald Clark<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Higher education\u2019s toughest test &#8212; from by Jon Bischke and Semil Shah In the debate sparked by Peter Thiel\u2019s \u201c20 Under 20 Fellowship\u201d (which pays bright students to drop out of college), one fact stands out: the cost of U.S. post-secondary education is spiraling upward, out of control. Thiel calls this a \u201cbubble,\u201d similar to [&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":[415,61,86,209,57,159,72,143,36,35,3,180,74,239,310,20,212,145,206,38,321],"tags":[768,52,600,614,290,653,606,641,586,585,566,661,607,251,722,579,678,122,676,588,728,572],"class_list":["post-18502","post","type-post","status-publish","format-standard","hentry","category-accreditation","category-business-side-of-he","category-change","category-changing-business-models","category-cost-of-getting-a-degree","category-dangers-of-the-status-quo","category-daniel-s-christian","category-disruption","category-future-of-higher-education","category-game-changing-environment","category-higher-education","category-innovation","category-leadership","category-new-business-models","category-staying-relevant","category-strategy","category-surviving","category-traditional-tradition","category-trends","category-uk","category-united-states","tag-accreditation","tag-budgetary","tag-business-side-of-he","tag-change","tag-cost-of-getting-an-education","tag-dangers-of-the-status-quo","tag-daniel-s-christian","tag-disruption","tag-future-of-higher-education","tag-game-changing-environment","tag-higher-education","tag-innovation","tag-leadership","tag-new-business-models-in-he","tag-staying-relevant","tag-strategy","tag-surviving","tag-traditional","tag-trends","tag-uk","tag-united-states","tag-walmart-of-education"],"_links":{"self":[{"href":"https:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/posts\/18502","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/comments?post=18502"}],"version-history":[{"count":18,"href":"https:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/posts\/18502\/revisions"}],"predecessor-version":[{"id":18521,"href":"https:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/posts\/18502\/revisions\/18521"}],"wp:attachment":[{"href":"https:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/media?parent=18502"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/categories?post=18502"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/tags?post=18502"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}