With the rising popularity of online education programs, many foresee an eventual end to brick-and-mortem institutions. Goizueta Business School Dean Erika James, speaking with the President and CEO of the Association to Advance Collegiate Schools of Business, says there is a crisis but it’s not as dire as some may think.
“The industry of higher education is not going to disappear tomorrow so there is not a sudden crisis,” she told outgoing AACSB chief John Fernandes. “I do believe there are a number of smoldering issues that have been festering for a period of time. We’ve reached the point where we need to be aggressive in decision-making and action-taking in solving those issues… As a result of that, I think we will see a radical change of how education is delivered in this country.”
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