11-16-2017, 04:43 PM
(11-16-2017, 03:22 PM)DavidHume Wrote: http://michiganradio.org/post/faculty-un...ntract-ads
It will be interesting to see how this plays out. Considering that article from Harvard Business School that paints a dire picture for brick and mortar academic institutions, many are going to try to fight a losing battle instead of adapt.
I see a school using questionable cost-cutting measures to try to stay afloat, because their state is going down the tubes and they can't see enrollment increasing to cover costs - much of which probably includes fancy fitness centers and granite countertops in dorm rooms. Schools went crazy over the last decade or two, upping the ante, and now, with many millenials eschewing student loans, schools who've run up costs are going to suffer. Students are going to go to schools they can afford, including online, and that's going to painful for many B&M schools who were doing a lot of long-term planning with a short-term mentality.
Here's just another example of it - let's use an untried model, and lower standards, and then in 5 years wonder why our school's reputation is sinking quickly, and we've created a death spiral that we can't recover from. Sorry taxpayers and citizens of Michigan, you'll be on the hook for this mistake!
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EXAMS: TECEP Tech Wrtg, Comp II, LA Math, PR, Computers DSST Computers, Pers Fin CLEP Mgmt, Mktg
COURSES: TESU Capstone Study.com Pers Fin, Microecon, Stats Ed4Credit Acct 2 PF Fin Mgmt ALEKS Int & Coll Alg Sophia Proj Mgmt The Institutes - Ins Ethics Kaplan PLA