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The Unbundling of Higher Education. Jeff Selingo February 22, 2012. Keys Ingredients to Disruption . Hubris. Unwilling to hear opposing viewpoints. Skepticism of anything new. the newspaper industry had all three. how disruption killed one major revenue stream.

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the unbundling of higher education

The Unbundling of Higher Education

Jeff Selingo

February 22, 2012

slide6

“The only really necessary people in the publishing process now are the writer and the reader.

Everyone who stands between those two

has both risk and opportunity”

-Larry Kirshbaum

Head of Amazon’s NY Publishing Unit

slide9

record enrollments

Source: U.S. Education Department

slide10

the great credential race

Source: U.S. Education Department

slide11

and rising prices

Source: The College Board

slide12

students were willing to go any college and…

pay almost anything for a degree.

why?

slide14

Lots of college grads on unemployment line…

but worse for high-school graduates.

Unemployment Rates Among Individuals Ages 25 and Older, by Education Level, 1992–2009

Source: The College Board

slide15

2008

a shifting paradigm in debate over the cost of college…

slide16

Enough is enough:

families could no longer use their homes as ATM

Source: Pew Research Center

slide19

What am I paying for?

A question where colleges and public disagree

Source: Pew Research Center/The Chronicle

slide20

how/what will I learn?

will I get a job?

will I make enough money to pay off my debt?

slide23

key question: what are the less tangible aspects

that define your college experience

that can’t be easily be replaced

by fragmented, simplified services

on the Internet?

slide24

The Coming Disruption

Most at Risk

Lower level and core course

The network

The credential

Least at Risk

The “experience”

Maturing students

The student/professor

slide25

Then: student services

Now: academic rigor

2000 20091

2000-2009

a lost decade?

slide27

the guiding questions

what’s your ambition?

where to play?

how to win?

what actions will enable you?

how do you drive change?

slide28

Jeff Selingo

jeff@selingo.com

Twitter: @jselingo

jeffselingo.com