NYU business professor Scott Galloway makes a controversial statement in his New York Magazine interview: Because of coronavirus, the college experience in the U.S. as we know it will soon be on its death bed. As Galloway sees it, the “product” that is higher education has been exposed as “dramatically less compelling” and either can’t or shouldn’t be allowed to return to normal.
It will be like department stores in 2018. Everyone will recognize they’re going out of business, but it will take longer than people think. There will be a lot of zombie universities. Alumni will step in to help. They’ll cut costs to figure out how to stay alive, but they’ll effectively be the walking dead. I don’t think you’re going to see massive shutdowns, but there’s going to be a strain on tier-two colleges.
Galloway asserts that the future of higher education “will entail…
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