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Is there an Bubble in Higher Education? (via DIY U)

“We don’t often hear higher education talked about in such baldly commercial terms. Most faculty and campus administrators have visceral negative reactions to this kind of language. But that doesn’t mean that colleges—even not-for-profit colleges—aren’t essentially run as businesses. It just means that (a) they’re often run as businesses badly because it is considered distasteful to draw on the lessons and vocabulary of the business world, and (b) educators often fail to identify the tensions between their school’s mission and its operating model, thus making it less likely that they will be able to confront some of the system’s ethical challenges successfully. But since the heart of DIY U is an economic argument, it is worthwhile to try framing issues in the language of economics. As the title of this post suggests, the specific question I want to address is whether there is a bubble in the college education market.”

link: DIY U: Is There a Bubble in the Higher Education Market?

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This entry was posted on Wednesday, May 19th, 2010 at 1:00 pm. It is filed under blog and tagged with bubble, diy, higher education. You can follow any responses to this entry through the RSS 2.0 feed.