Expert predicts 25% of colleges will fail in the next 20 years

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For millions of students, Labor Day weekend marks the end of summer vacation and the start of another school year. But for the first time in 185 years, there will be no fall semester at Green Mountain College in western Vermont. The school fell victim to trends in higher education that could soon impact hundreds of other schools. One expert predicts that 25% of colleges will fail in the next 20 years. Brook Silva-Braga reports.

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34 COMMENTS

  1. I don't feel sorry for any of these closing schools. Start teaching something kids can actually use. Quit the indoctrination. Time for trade schools to emerge and online too. It's the way of the future.

  2. Close all schools they can't teach children to read or write but every year they get more money arrest the teachers admin and City government! Should be free then thanks for your Marxists propaganda

  3. I was sad to have learned my Undergrad institution was closing, after graduating students for 125 years. As an alumni, I've donated endless time, money, and effort to retain college students. However, I also see that not only. is college expensive, but a lot of students just don't want to go. And they don't want a degree only to work a 9-5 for the next 40 years. Which I can completely respect. I think aside from lack of funding, there needs to be more spending on advertising, retention efforts, and the ability to lower the costs of attendance for students. There also needs to be incentives – like free room and board with tuition. This could slash a lot of the costs associated with college. Or, they could waive technology fees or enrollment fees altogether. It could be better with more creativity among smaller schools.

  4. 25% college closures in the next 20 years?
    Good. Most of them teach useless drivel anyway. Turn them all into trade schools. Good for the student. Good for America.

  5. It's not enrollment. Did you know that colleges save the money you pay them, and then invest that in various things like stocks, bonds, and commodities? If there had been good or even decent investors working for the university they might be fine today.

  6. Most students would be smarter to learn a trade as an apprentice so they can get paid while they learn and have no debt. Plumbers, electricians, car mechanics, welders, nurses, oil field workers, and many other skilled workers earn a good living and have not gone to college

  7. how about not keeping it as a business model and make it more about education ✋😳🤚 and meanwhile other nations found a way to give free education smh 🤔

  8. It will be a beautiful world when colleges are replaced. I think with less people going to college due to a smaller population it will Serve as a slap in the face and a kick in the nuts (deservedly so) that colleges need to stop wasting money on amenities and try and be price competitive.

    I think college will still be necessary for a few careers but i think that trades and certificate programs will take a larger portion of the pie as they have proven themselves to be more competent and less wasteful then University's.

    To those that read this i wish you luck in your indevers, and advice to look at multiple avenue to achieve them.
    I'd still recommended going to college if necessary but consider many possible options.

  9. Many of these small schools need to switch to a vocational and tech training model, yes that will mean lower graduation rates, but it just might keep the school alive and attract more students.

  10. Higher education is already replaceable in many subjects by low-cost and free options from an increasing variety of courses with qualified instructors and improved teaching methods. Diplomas are losing their value in ways that the academic community may fail to acknowledge until the business model of universities (charging students tens of thousands of dollars for something they can easily learn online) implodes. Specialized education may be an exception for now, but alternative options are only improving, and they aren't going anywhere.

  11. I don't like higher education. It's not for me. I don't go to the university. Age limits 18-39. I'm 42. It's too late. I don't have a life in the future. I'll throw it away.

  12. If I were to do it again, I would do community college for 2 years and uni for 2 years with summer classes to get my degree in 4 years, take the fe exam in my final semester, and jump right into the workforce as an MEP mechanical and plumbing engineer at age 22. Then buy a starter home pre COVID on a 15 year fixed rate mortgage 3.5% apr or lower. Get a professional engineering license at 26 years of age.

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