WHY UNIVERSITIES NEED TO BE RUN LIKE STARTUPS… OR RISK BECOMING OBSOLETE
Are you ready to find your fit?
WHY UNIVERSITIES NEED TO BE RUN LIKE STARTUPS… OR RISK BECOMING OBSOLETE

Share this infographic on your site!
Why Universities Need to Be Run Like Startups …
Or Risk Becoming Obsolete
Is The Golden age of universities over?
- of students won’t finish college
Tuition has increased faster than inflation
Student debt is at an all time high - of students leave with debt
The bottom quintile is drowning in debt
The value of the Bachelors degree has fallen every years since 2000 - of teachers are part time and non tenure track
Massive Open Online Courses are changing the face of higher education
They are free and open to anyone
Much more cost effective than the traditional college model
Will likely become increasingly accepted as legitimate course credit in the coming years
If Universities value isn’t in delivering content, what is the advantage of the traditional classroom model?
Culture and Innovation
University culture cannot be replicated online
Universities that prepare students for a creative economy prioritize the same three things that drive successful startup cultures:
1. Density
Physical proximity is important
Silicon wouldn’t have risen to preeminence without Stanford and Berkeley
Cultural connection brings entrepreneurial processes
Density is expensive:
To unleash the potential of density, communities need nurturing:
Bars
Eateries
Coffee shops
Housing
Universities foster this density
It is hard to top the collaborative potential of a thousand online students
2. Shared Resources
Education and innovation initiatives minimize expenses by pooling resources:
Co-working spaces
Labs
Prototyping facilities
Online Courses cannot teach biology with lab based exercises
This is an advantage of Universities, but they need to act on it:
Stop restricting access by department or major
Don’t tie use of facilities to intellectual property policies
Need to partner with other universities to enforce tuition differentials
3. Nurturing Communities
Websites vs campus communities
It is difficult to build relationships online
Universities foster real networking
Breaking down the silos of disciplines in the traditional university is key
Entrepreneurship students working with engineers
Designers working with computer information system majors
There are many areas that universities have the advantage
They just have to embrace them and act
Or risk becoming obsolete

Sources:
http://www.shirky.com/weblog/2014/01/there-isnt-enough-money-to-keep-educating-adults-the-way-were-doing-it/#8230
http://www.wired.com/2014/03/universities-moocs-need-consider-culture/
Get prepared for your next steps
Use articles and resources to uncover answers to common questions, get guidance on your goals, and learn about applying to schools.

2021 Cheapest Online MBA Programs with No GMAT Requirement
Earning a master of business administration (MBA) can help professionals advance into management roles and increase their earning potential. Online MBA programs offer flexibility to help learners balance school with...

Grad School Enrollment Growing Rapidly in U.S.
By Kate Jellema This year, for the first time, the number of women and men enrolled in graduate schools in the United States topped the three-million mark. That’s up from...

Top 5 Best Value Doctorate in Information Systems Assurance & Security Programs Online
As technology becomes an ever-increasing part of our lives, the demand for information systems security experts grows, and with it, the need for online Ph.D. information security programs. In this ranking, we explore the best value online doctorate information security programs available today. Rating and Ranking Methodology Tuition Points Under $20,000—3 points Under $15,000—4 points […]
Discover a program that is right for you.
Explore different options for you based on your degree interests.