In the last episode I looked at what is fueling the lack of confidence in higher education today and some of the basic decisions that will need to be made to restore the conviction that higher ed is vital to workforce success.  But another decision will need to be made to ensure that that the engine of higher education can continue to operate, namely a viable business model. The current not-for-profit model of higher ed is funded by the three-legged stool of state, federal and private funding.  In other words, higher ed is dependent largely on “the kindness of strangers,” to quote Blanche DuBois. The business model has been in large part related to the view of higher education as a common good that should be above societal and political influence. Well, that ship has sailed, and higher education is now seen as a public commodity from which the public demands accountability and return on investment.  In this episode I’ll challenge the not-for-profit model and suggest that an alternative is all around us. 

EdUp Insights with Bill Pepicello is part of the EdUp Experience Podcast Network