I can’t remember how many books and essays I have read over the past two decades that forecasted major changes and disruption to higher education. Some were better than others, but none of them were as notable as Arthur Levine and Scott Van Pelt’s recently published "The Great Upheaval: Higher Education's Past, Present, and Uncertain Future."
Whether or not you believe that the median debt to median earnings ratio presented by the Wall Street Journal (WSJ) is the only way to review the return on education investment, the graphic representation of law schools’ debt to earnings ratio below is sickening.
As a follow-up to my recent post about graduates from master’s degree programs and their related debt and post-graduation income, I decided to dive more deeply into the Wall Street Journal (WSJ) database.
On July 8, the Wall Street Journal (WSJ) published Melissa Korn’s and Andrea Fuller’s article, “Financially Hobbled for ‘Life’: The Elite Master’s Degrees That Don’t Pay Off.” The article opened with the example of recent film program graduates of Columbia University who took out federal loans and had a median debt of $181,000. If the debt load incurred for their degrees wasn’t bad enough, Ms. Korn and Ms. Fuller reported that two years after graduation, half of those student loan borrower graduates were making less than $30,000 a year.
As a keen observer of the advance of artificial intelligence (AI) technologies and the impact of those technologies on jobs, I looked forward to receiving "The Great Skills Gap: Optimizing Talent for the Future of Work." Its advanced billing indicated that editors Jason Wingard and Christine Farrugia organized the book to examine how colleges and universities should be preparing students for their future careers and assembled a highly qualified group of educators, executives, and thought leaders to write about the topics.
Pandemic to Permanent – Another Prognostication of Higher Ed Changes Accelerated Due to the Pandemic
May 1 was the date that many colleges required accepted applicants to indicate their commitment to attend for the coming 2021-22 school year. It must have also been the date for predictions on higher ed trends and changes.
For the better part of the last decade, there have been proposals for free education at community colleges. As recently as December 23, President Biden pledged to provide tuition-free community college for all.
Campus Technology magazine published an article last week entitled “25 Ed Tech Predictions for 2021.” In this article, Dian Schaffhauser solicited various opinions from education and industry leaders for trend opinions and comments.
On behalf of the World Economic Forum, global marketing research firm Ipsos surveyed 27,500 adults in 29 countries on how they see higher education being delivered in five years.