Affordable, convenient, on-demand: All the things university isn’t—but could be

Want to hear a joke? Universities haven’t innovated in 400 years. At a time when close to half of all students aren't graduating, Dan Rosensweig explains why and how to fix this broken education system.

Technology & Innovation

Want to hear a joke? Universities haven’t innovated in 400 years. A lot has changed since the 1600s. The average college student today is 25 years old. Approximately one-quarter of students have a child. And close to half will never graduate. The higher education model is hopelessly outdated, catering to a student type that no longer exists, at a price people can no longer afford. Dan Rosensweig, CEO of Chegg, asks: Can we design something better? Taking inspiration from industry innovators like Netfilx, Rosensweig explains why higher education must change and what that kind of future would look like. Here's a hint: less debt, less commuting, on-demand courses that you can binge-learn (four years is truly arbitrary), and highly adaptive to how you learn best. When colleges stop failing their students, society can become so much richer.