Part 7/11:
Educational Inequality: Higher education may devolve into an exclusive arena reserved for the wealthy, reverting to its historical status as a privilege for the affluent, with only those connected financially benefiting from educational opportunities.
Major Faculty Crisis: As universities shrink and cut costs, the focus will shift to mentorship, increasingly critical as the value of traditional information delivery diminishes.
Second Order Consequences
- Institutional Stratification: Elite universities with substantial endowments might weather the storm, while mid-tier institutions risk facing enrollment declines and budget crises, ultimately leading to a concentration of research capacity among fewer institutions.