(06-10-2021, 11:49 AM)rachel83az Wrote: I think the educational system would be so much better if more schools were "run like businesses" than like schools. Yes, schools are mostly in it for the profits (even the non-profit ones) but they tend to treat it like students don't have any choice. If you don't want to pay tens of thousands in tuition & fees then that's just too bad. No degree for you. Now, people on this forum realize that isn't the case. But, with the vast majority, students don't realize that they actually have viable options.
Yes. Competition=good. But any shortcomings in specific product knowledge = bad. Producing and selling education is different from producing and selling tablet computers, financial products, pharmaceuticals etc. All specialized - all different.
You have to have business savvy AND specialized knowledge / skillset for education. Nexford people have good business skills. Let's see if they can rapidly get to warp speed in the specialized world of higher ed - their product. I wish them success.