Higher ed stocks declined 14% after University of Phoenix’s parent said AI lengthened the student enrollment cycle. My thesis: LLMs are steering online students toward nonprofit alternatives.
Ultimately I suspect the HE sector is becoming democratic. Choices will be made based on quality and performance. As well as career success. The days of hard sell marketing are probably over and HEIs will likely need to charge for outcomes more and more. Their quality vs cost will be far more emphasized. This is all good for students. Not so good for rolling in numbers, collecting fees and then paying little attention to student support and real quality teaching and learning. Will also be the same for schooling over time.
Ultimately I suspect the HE sector is becoming democratic. Choices will be made based on quality and performance. As well as career success. The days of hard sell marketing are probably over and HEIs will likely need to charge for outcomes more and more. Their quality vs cost will be far more emphasized. This is all good for students. Not so good for rolling in numbers, collecting fees and then paying little attention to student support and real quality teaching and learning. Will also be the same for schooling over time.