The present crisis has initiated strong rethinking of ROI...
at least in terms of many schools that are regional publics or small privates without a strong niche or reputation. Online education wasn't ideal in execution this semester b/c of the "hurry up" effect, and it showcased the weaknesses of it in some disciplines. However, what the crisis did was cause many families to ask, "is this particular school worth the debt we are taking on?" To the author's point, a great many students will opt for an online or hybrid model without the bells and whistles, while the elite schools will still offer the entire package (but even then, perhaps slummed down somewhat). You couple this with result of the prior decade's declining birthrates (i.e., the matriculation fall-off in the latter 2020s) and there's only one result: closure of many traditional brick-and-mortar schools.
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In response to this post by GtownHoo)
Posted: 05/19/2020 at 1:01PM