Now that the big guys and respected Journals, News and Financial Rating agencies have finally voiced their opinion (added on 02/20/2018), concerns, and admitted that the US higher ed institutions are broken. Thank you guys for finally confirming AAEA’s past research results & recent outlook published on January 1, 2018. Historical data and the American public’s opinion never lie. It reflects many facets of the same coin, even though the coin has only two sides. When we first published our research results (reminder over, 1k pages pdf file) no one thinks seriously that they are important. When AAEA introduced the new mindset (IRI Analytics) back in 2012 at North Carolina Community College Systems Conference and 2013 SAS Regional Meeting in Houston, TX on how to strategically anticipate, cope and minimize the negative effects, the decision makers not even look at it in one eye. Which is not a surprise for us.
Now that we see the reality, what striking on all of this business is that only several, literally only a few organizations recognize and understand the implications for not doing so. Institution such as Harvard has prepared and made necessary changes. Others, still BAU. Even the most respectful research institution denied that there is a serious problem with $1.4 trillion student loans and sky rocketed tuition which may lead to higher ed institutions owned-doom days. But it is now in 2018, over 5 year later, after thorough & painstaking research efforts what we had concluded is happening and confirmed by other important players.