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Should Higher Education Be Free? - An Extreme Innovation Challenge
On 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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Tags: Innovation Management, Global Competiveness, Business Innovation
COMMENTS
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
posted @ Saturday, September 14, 2013 11:29 PM by Kamal Gupta
posted @ Wednesday, October 09, 2013 4:27 AM by Bankruptcy Course