A Perfect Storm Is Heading Toward Higher Education
With too-high tuition and unhappy parents, college administrators better get ready for some changes.
Colleges are facing a perfect storm that could shutter hundreds of them and leave many more wondering how to survive. Yet much of higher education’s leadership is in denial that anything is amiss.
The College Board just concluded its annual Higher Ed Colloquium of college presidents, admissions deans, and financial aid directors. I was invited to address the group about whether there is an irreconcilable gap between college costs and the stressed middle class. There is. And my message was about as popular as a hurricane forecast.