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The College Devaluation Crisis
Book

The College Devaluation Crisis

Market Disruption, Diminishing ROI, and an Alternative Future of Learning

Jason Wingard
Stanford UP, 2022

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Editorial Rating

9

Qualities

  • Innovative
  • Eye Opening
  • Insider's Take

Recommendation

Learning strategist and longtime university executive Jason Wingard argues US colleges are failing to keep pace with the rapidly evolving skills landscape. Employers are seeking innovative training solutions to keep workers up to speed, as the market-based value of a traditional university degree faces precipitous decline. Wingard covers the history of higher education, outlines recent tectonic shifts in the educational landscape, and profiles emerging alternative learning models.

Take-Aways

  • For more than seven decades, the college degree offered an entrée to middle-class life.
  • The market-based value of a university degree peaked around 2010.
  • The four-year degree no longer guarantees employment opportunities for many workers.

About the Author

Jason Wingard currently serves as chairman of the Education Board, Inc., a consultancy providing learning and strategic solutions for corporate and educational institutions. He previously worked as president of Temple University, dean of the School of Professional Studies at Columbia University, vice dean of The Wharton School, and managing director and chief learning officer at Goldman Sachs.

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