|The opening slate to "The Future Of..." (Photo credit: Wikipedia)|
With more than a trillion dollars in outstanding student debt in the U.S. and ever-increasing tuition costs some feel it’s time for higher education to make significant changes. Apart from the financial burdens, there is pressure for academe to embrace the new domain of online learning, which is rapidly gaining ground.
Jeffrey Selingo is the vice president and editorial director at the Chronicle for Higher Education, and is currently working on a book about the future of higher education in the U.S. He feels that academic institutions failed to foresee the economic and technological disruption that swept nearly every other industry between 1999 and 2009. And now schools forced to face the outcome: Financially-needy students who learn in entirely new ways because of technology and the adoption of mobile devices.
Will universities and colleges want to meet the challenge and embrace an overhaul of a very conservative system? SmartPlanet spoke with Selingo about what happened in the last decade, what may be required in the coming decades. Specifically we discussed the new business of online academic structures that signal one possible future for schools.