University president Arthur Levine warns 25% of US colleges could close
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A university president warns that a quarter of U.S. colleges and universities could close in the coming years.
Arthur Levine, president of Brandeis University in Massachusetts, said: during a recent conversation The American Enterprise Institute said it expects 20-25% of American colleges and universities to close their doors.
“There is fundamentally a transformation happening in higher education,” Levine said. in question.
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A university president warns that a quarter of U.S. colleges and universities could close in the coming years. (Canart7/iStock)
“Our whole society is going through a transformation,” he added. “We’re watching the national analog industrial economy transform into the global digital knowledge economy. And the consequence of that for higher education is that we’re seeing demographic change, economic change, technological change, global change, and now political change. And what’s going to happen is, you know, 20 to 25% of all colleges are going to close.”
Levine said he is waiting While many community colleges and regional universities are shifting to predominantly online education, wealthier institutions may delay major changes.
“Traditional higher education as we know it (research universities, residential colleges) are where transformation will happen,” Levine said. “This has happened only once before, during the Industrial Revolution, when small church-related colleges transformed into universities, technical schools, land-grant colleges, community colleges, research institutes, graduate schools and others. And this time, I essentially told our faculty, we’re going to see the same pattern of change that we’ve always seen.”
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Arthur Levine, president of Brandeis University in Massachusetts, said during a recent interview at the American Enterprise Institute that he expects 20 to 25 percent of American colleges and universities to close their doors. (iStock)
Some of the factors that Levine said contribute to universities facing problems include higher education being too expensive, reluctance to change, and changing too slowly.
He continued, “If something is very, very expensive, it must be worth what you pay. There must be results that are worth the price. In 1842, the president of Brown said, ‘I cannot even give this thing away.’ That is the nature of the beast. This is not the first time. As the world changes, every social institution, including higher education, is left behind and scrambling to catch up. Some spend a very long time trying to catch up, and some never catch up.”
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Some of the factors that contribute to universities facing problems include higher education being too expensive, higher education being reluctant to change, and changing too slowly. (Bill Tompkins/Getty Images)
