It’s Time to De-Bundle

How the US Higher Ed Industry Can Innovate

I want to reiterate that as I speak about these topics, I am in no way against higher education. As a student at a top-tier academic institution, I benefit greatly from the success of these schools. However, the system is still outdated and can be changed to work better for everyone. It’s not a matter of glass half full or empty, but maybe it’s time to build a better glass.

What is a University?

This certainly has changed in the last few decades as schools continue to add benefits or traditions to attract applicants and boost student performance. What was once a place for classes for the financially successful or intellectually gifted few has become an organization that offers a long list of programs. From college sports and greek life to fancy housing and modern buildings, universities have become massive communities for 18–30 year olds. These institutions have used all of these benefits as reasoning for increasing tuition and fees.

So, the questions I pose: do we really need all of this? For many, college is a necessity in an ever changing job market that leaves behind those without a degree. But, at what cost? Are all of these perks really worth the 40/50/60/70k price tag? For some, yes. A Stanford or Harvard MBA will always, on average, have a high return on that investment. But, for most, absolutely not.