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by TheOtherHobbes 3906 days ago
Udemy etc and the tutorial market are booming.

Universities in countries with inflated fees and tuition loans are about to fall off a cliff. I'll be surprised if they're still around a generation from now.

The Ivy League will survive because of social and political momentum. But colleges outside the prestige circuit are going to have real problems getting students for high-cost low-return education.

3 comments

>The Ivy League will survive because of social and political momentum.

...and their endowments in $10-40 billion range:

http://www.ibtimes.com/ivy-league-endowments-2015-princeton-...

Credentialism in industry will still be a problem. But hopefully employers are starting to combat that:

https://www.washingtonpost.com/news/on-leadership/wp/2015/09...

"Udemy etc and the tutorial market are booming."

Are they? Are significant amounts of people actually foregoing college to learn from them instead? And, more importantly, are they getting hired in good jobs in the field they're studying in?