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Colleges are failing — but they can still spark golden age for higher education: here’s how

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And then there were fewer.

That’s the reality in higher education this academic year.

About two dozen colleges and universities announced plans to shut down before graduation this past spring; more than 80 colleges closed or merged between 2020 and 2025.

And more than 440 private colleges are at significant risk of shutting down in the near future — about a quarter of the nationwide total. 

Even sports powerhouses like New York’s Syracuse University are beginning to struggle financially, The Wall Street Journal reported last month.

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Where I’m from, near Philadelphia, at least a dozen institutions of higher education are in perilous financial shape: They just aren’t enrolling enough students to pay the bills.

It’s a gloomy picture for alumni and academics — but there’s a silver lining.

These failing schools could be the launching pad for higher education’s fundamental transformation.

Most pundits blame demographic trends — a long-term decline in college-age Americans — on these enrollment troubles. That’s certainly a big contributing factor.

It’s change-or-die time for America’s overpriced, smugly lefty colleges

But the real problem is that struggling schools don’t provide enough value in the eyes of potential customers.

Students have........

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