The College Devaluation Crisis: Market Disruption, Diminishing ROI, and an Alternative Future of Learning

Employers are stepping in to innovate new approaches to training talent that increasingly operates independently of the higher education sector due to rapidly evolving skill needs driven by technological advancements. The College Devaluation Crisis argues that the university system must engage in responsive restructuring to remain relevant and equip learners with competencies to meet dynamic needs, or risk being bypassed by workplaces. The book provides case studies from leading companies and addresses the question of whether higher education will pivot and adapt or resist change and be replaced.

Format: Hardback
Length: 272 pages
Publication date: 12 July 2022
Publisher: Stanford University Press

Employers are taking the initiative to develop innovative training programs that cater to the evolving skill needs of the workforce, which are increasingly independent of the higher education sector. The traditional college degree, once seen as the most reliable pathway to professional preparation for work, is no longer keeping pace with the rapid technological advancements that are transforming today's job market. If the university system fails to undergo responsive restructuring, more and more workplaces will bypass them and seek alternative sources of training that provide learners with the competencies needed to address dynamic needs effectively. The College Devaluation Crisis highlights the growing role of employers and other learning and development entities in developing innovative training programs that operate independently of the higher education sector to meet talent needs more efficiently. The book, primarily targeted at managers, features case studies from leading companies such as Google, Ernst & Young, and General Assembly to showcase their innovative strategies for talent development across different levels of individual education, age, and background. It also addresses professionals on the university side, urging them to consider whether higher education will pivot and adapt to changing demands or resist change and potentially be replaced.

Dimension: 229 x 152 (mm)
ISBN-13: 9781503627536