The Professor and the Market - Can higher education build real market-feedback mechanisms?

By Alejandro Crawford. In his inaugural address last September, Dartmouth College President Philip J. Hanlon emphasized that “we must fully harness the power of experiential learning – learning by doing.” Such learning, which challenges students to test their ideas in practice and refine them in light of experience, is a major emphasis at leading institutions of higher education today. As rates of economic disruption have accelerated, the ability to derive solutions for which there is no existing formula has become a survival skill for many careers. In the face of this, top global programs have intensified their emphasis on experiential education as a bet on future rankings and leadership. More...