Ben Nelson, founder of the Minerva Project and John Katzman--founder and CEO of Noodle Partners, 2U and Princeton Review--discuss how Covid-19 and the resulting recession will likely affect higher ed in the fall and beyond, and how colleges should respond.
“The opportunity cost is a lot lower to go back to school in a recession than it is in a boom. And you’ve just effectively lowered the cost of higher ed by half for a lot of people, so it is a smart thing to do, people traditionally do it, and looking at our early enrollment numbers it’s happening already. So I’m not worried at all about the medium and long term on higher ed enrollment in this recession,” Katzman explains.
This podcast is created and produced by higher education experts Jeff Selingo and Michael Horn. Selingo, a FutureEd senior fellow and former editor of The Chronicle of Higher Education, is special advisor and professor of practice at Arizona State University, and a visiting scholar at Georgia Tech’s Center for 21st Century Universities. Horn is chief strategy officer for the Entangled Group, an education investment firm, and a senior partner at Entangled Solutions, an education consulting company. Selingo and Horn can be contacted here. Future U is supported by the Academy for Innovative Higher Education Leadership, a partnership between Arizona State University and Georgetown University, and by Entangled Solutions.