Will 40% of U.S. colleges close? Michael Horn discusses the future of education

Video Description

In this wide-ranging discussion with the Institute for Business in Global Society, Michael Horn, Harvard Graduate School of Education lecturer and co-founder of the Clayton Christensen Institute, explores how technological disruption, demographic changes, and evolving workforce needs are fundamentally reshaping education at all levels. Key takeaways: – 15% of U.S. colleges have already closed or merged, with predictions suggesting up to 40% could close in the next 5-6 years due to demographic shifts and changing demand – While elite institutions will remain stable, AI will accelerate the need for continuous learning and experiential education – Traditional degrees are losing relevance as companies drop requirements and alternatives like apprenticeships gain traction – Post-COVID, micro-schools and personalized learning models are emerging as disruptive alternatives to traditional education – Lifelong learning will become essential, with short-burst programs and work-based experiences replacing traditional educational models Video highlights: 0:00 - Introduction: Technology's role in education 4:59 - Higher education crisis 7:37 - The AI revolution in education 10:18 - Lifelong learning and skills evolution 13:08 - Alternative education pathways 15:37 - Changing value of college degrees 18:17- K-12 innovation post-COVID 21:38 - Future leadership skills