How elite universities lose their luster
News of the FBI’s arrests in a widespread elite college admissions cheating scandal have prompted a number of questions, but here’s one that few have dared to consider: are elite universities at risk of losing their luster? Against the broader backdrop of nearly daily news stories about unsustainable rising tuition costs, growing public doubt about the value of college and the work readiness of graduates, and announcements of college closings or mergers, most pundits agree a disruption is taking place in higher education. Yet despite the near-consensus view about a disruption, there has been one unchallenged assumption that elite universities will always be just fine. Should we be so sure?