The Impending Demise of The University

For fifteen years, I’ve been arguing that the digital revolution will challenge many fundamental aspects of the University. I’ve not been alone. In 1998, none other than, Peter Drucker predicted that big universities would be “relics” within 30 years.

Flash forward to today and you’d be reasonable to think that we have been quite wrong. University attendance is at an all time high. The percentage of young people enrolling in degree granting institutions rose over 115% from 1969-1970 to 2005-2007, while the percentage of 25- to 29-year-old Americans with a college degree doubled. The competition to get into the greatest universities has never been fiercer. At first blush the university seems to be in greater demand than ever.

Yet there are troubling indicators that the picture is not so rosy. And I’m not just talking about the decimation of university endowments by the current financial meltdown.

From Edge.org’s Column The Third Culture. Read the full article.

Don Tapscott

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Don Tapscott, one of the world's leading authorities on business strategy, is Chairman of Moxie Insight. He was founder and chairman of the international think tank New Paradigm before its acquisition 2007. Read more about Don.