Although the news media has focused on a number of serious issues in higher ed, including the admissions scandal and the devastating impact of student debt that now exceeds credit card debt, not much has been said about demographics, a key force changing both the structure and the size of higher ed in America.
In the 1980s, many corporations embraced three fundamental principles: information technology, the importance of quality (remember Ford’s slogan: “Quality is Job 1”?), and the...