How Might We Spur More Innovation in Higher Education?

By Margaret Andrews. As industries evolve and demographics change, the need for education continues to grow. We, as a global society, spend quite a bit of money on higher education – BMO Capital Markets estimates that the U.S. alone spends approximately $1.7 trillion on educational services (including about $600 million on postsecondary education) and GSV-Advisors estimates that worldwide spending is quickly approaching $5 trillion. More...