By Steven Hayward
Along with the OU expulsions, the big story in higher education over the last week or so is the surprise announcement that Sweet Briar College will be closing its doors at the end of this academic year. Although the college as an endowment somewhere near $90 million, declining enrollment at the all-womens’ college has led the trustees to conclude that there is no future for a single-sex school out in rural Virginia. Sweet Briar’s fate is being heralded as a harbinger of the coming collapse of the “higher education bubble” (Glenn ReynoldsTM), especially small liberal arts colleges, which wouldn’t necessarily be a bad thing.
But there is an amazing failure of imagination here—rooted in the institutional liberalism pervasive in higher ed—and a terrific opportunity for an educational entrepreneur. CONTINUE READING HERE