How can colleges amend unsustainable business models?
Due to rising tuition rates and reduced public funding as well as other factors, higher ed stakeholders are concerned that current business models are unsustainable in the long term. The report Future Forward: The Next Twenty Years of Higher Education found that the growth of online programs has been the biggest development in higher ed over the past two decades. However, the ubiquity of online programs makes it difficult for smaller, regional universities to compete with their larger counterparts. Experts say an integrative, collaborative approach to education is the answer.