AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Higher Education Is a Very Expensive Country Club
Higher ed is in essence a very expensive country club. They make all their money on the freshmen and sophomores teaching them with adjuncts. And so then you, then the, the upper division courses are very expensive taught by tenured faculty. But it's the internet that's threatening. All the distance learning is threatening the freshmen and sophomore group. If they lose enough of that group or have to discount, then the whole model turns upside down.