The future of universities is uncertain, says mike rust. What's the essential feature of a university that should survive and what might not? Rust: A really great professor in person is better than a video. We may very well want to leave that up to them. The way that education is delivered is going to change.
In this c750th (!) episode, Duke University's Michael Munger talks with EconTalk host Russ Roberts about whether the pandemic might create an opportunity for colleges and universities to experiment and innovate. Munger is Professor of Political Science, Economics and Public Policy at Duke. He believes "top" schools can emerge from the current period of uncertainty to thrive in the long run. The path for "second-tier" institutions could be more difficult. They will still face the challenges that existed before the pandemic: competition from online classes and a shrinking pool of new applicants ready to pay high tuition bills.