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Should Higher Education Be Free? - An Extreme Innovation Challenge

  
  
  
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Govindarajan-JatindesaiOn September 5, 2013, Professor Vijay Govindarajan and I co-authored a blog about Higher Education for Harvard Business Review Blog website. To our surprise, it became one of the most popular blog ever. It reached over 225 comments in matter of few days. 

Obviously we struck a nerve. Why? 

In the article, we suggested that the time has come for new business innovation models to fix the higher education system here in the US and across the globe. Here is the beginning of it:

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In the United States, our higher education system is broken.  since 1980, we've seen a 400% increase in the cost of higher education, after adjustment for inflation -- a higher cost escalation than any other industry, even health care.  We have recently passed the trillion dollar mark in student loan debt in the United States.  

Read the entire article at Harvard Business Review >>>

 

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COMMENTS

Jatinbhai, 
A very timely and thought provoking article. I believe the combination of eLearning and University/College/Classroom experience would work the best and the trend is definitely towards that. I am forwarding this article to Sujay as he has a very positive experience with online learning. 
Thanks 
-Samir

posted @ Thursday, September 12, 2013 4:07 PM by Samir Trivedi


I read this article a week back. Very well reasoned. Indian students looking for US degrees will also find it very useful. Doing the studies on-line and then doing a semester in the US (saving money on doing the full studies in the US) and then getting a US degree.

posted @ Saturday, September 14, 2013 11:29 PM by Kamal Gupta


Nice blog. Thanks for providing such a wonderful info 

posted @ Wednesday, October 09, 2013 4:27 AM by Bankruptcy Course


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