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A university president warns that nearly a quarter of colleges and universities in the United States may close in the coming years.
Arthur Levine, president of Brandeis University in Massachusetts, said during a recent interview The American Enterprise Institute expects between 20-25% of American colleges and universities to close their doors.
“In fact, what is happening is that higher education is facing changes,” said Levine said.
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A university president warns that nearly a quarter of colleges and universities in the United States may close in the coming years. (Canart7/iStock)
“Our whole society is going through changes,” he added. “We’re looking at a national economy of analog industries becoming a global digital information economy. And the result of that, in terms of higher education, is that we’re seeing demographic change, economic change, technological change, global change, now political change. And what’s going to happen is that 20 to 25%, as you know, of all colleges are going to close.”
Levine said he expects many community colleges and regional universities to make the transition to online teaching, while wealthier institutions can afford to delay major changes.
“Traditional higher education as we know it — research universities, residential colleges — is where the transformation is going to happen,” Levine said. “It happened once before, during the Industrial Revolution, when small, small church-affiliated colleges became universities, and technical schools, and land-grant colleges, and community colleges, and research institutes, and graduate schools, and everything else. And this time, what I said to our faculty was, we’re going to see the same pattern of change that we’ve always seen.”
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Arthur Levine, president of Brandeis University in Massachusetts, said in a recent interview at the American Enterprise Institute that he expects between 20-25 percent of American colleges and universities to close their doors. (Stock)
Some of the things Levine has influenced colleges to deal with include higher education being too expensive, and unwillingness to change, and change too little.
He continued, “If something costs too much, you should pay for it. There should be results equal to the price you pay. In 1842, Brown’s president said, ‘I can’t even get these things out.’ It’s the nature of the beast. It’s not the first time. When the world changes, all social institutions are left behind, including higher education, and struggle to keep up. Some spend a long time trying to catch up, some never catch up.”
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Some of the factors that cause colleges to face problems include the fact that higher education is too expensive, as well as higher education not wanting to change, and change slowly. (Bill Tompkins/Getty Images)
