http://chronicle.com/article/Corinthian-Colleges-Inc-to/229685/?cid=at&utm_source=at&utm_medium=en
This is reminiscent of Chrysler's bankruptcy back in the day. Too big to fail may pertain on Wall Street, but not elsewhere. The only thing that could be more earth-shaking in our industry --- higher ed --- would be the failure of the University of Phoenix.
Equally surprising was the announcement of a small women's college in Virginia a few weeks ago that it would close its doors in June. Are these tremors the first signs of the shakeout in higher education that many --- notably Professor Clay Christianson of the Harvard Business School --- have been predicting?
What are other significant trends in higher education? Check out my May and June webinars here:
https://jamescastagnera.wordpress.com/ned-mcadoo-2/
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