Thursday, May 17, 2012

Quote of the Day: The Information Age will Revolutionize Higher Education

Mainline universities loudly proclaim their love of online learning — and pedagogical innovation more generally — while doing everything possible to retard it. The strategy has been to make a few easy, low-cost, conservative moves that preserve the status quo, such as putting some existing courses online, while trying to suppress the innovative outsiders like Phoenix, DeVry, TED, Kahn Academy, etc. It’s a classic example of what Clayton Christensen calls sustaining innovation — incremental changes that keep the existing market structure intact. The last thing the higher-ed establishment wants is disruptive innovation that challenges its dominant incumbent position.

This is from Austrian economist Peter G. Klein at the Mises Blog.

Accelerating instances of "disruptive innovation" from the information age will help collapse the current education bubble.

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