“Many (colleges) suffer from broken business models,” said Michael Horn, co-founder of the Clayton Christensen Institute for Disruptive Innovation.
BOSTON – Higher education is dealing with its share of issues. The recent admissions scandal involving Hollywood celebrities, coupled with broader outrage against mounting student debt, has forced many colleges and universities to question their practices and futures.
But a more insidious problem is weaving its way through higher education circles as well. A number of small colleges, including many in Massachusetts, have been forced to merge with larger institutions or close. What remains unclear is how the state will be affected by the closures and what state officials and lawmakers will do to protect students and employees.