Exactly about three years ago today the Association started to write many prediction/forecasting articles on the future of higher education in the US.  Despite the bold descriptions, many institutions think the structural & market changes will not have any impacts on them.  Therefore, some of these organizations to this date are operating with the BAU mindset.  The current events that have happened will surely push further the risk factor of institutional failure.  Recently there were many published articles which finally confirm our bold predictions.  Current consolidation in the industry will even be more profound in the years to come.  In particular, when more public money is taken away from the Higher Ed.  Therefore, US colleges’ survival will be determined more by the “Adam Smith’s Invisible Hand“.  Our IRI Analytics book and published articles have discussed such a future trend many years ago.