CID Annual Report 2020 - Flipbook - Page 4
COLLEGE OF INNOVATION + DESIGN — Dean’s Report
Three macro-scale drivers:
rising costs, technological
change, and rapidly
changing workforce needs,
are disrupting the traditional
model of higher education.
THERE IS A
WAY TO
DO IT
BETTER.
FIND IT.
DRIVERS
OF
CHANGE
Rising Cost
The rapidly rising cost of a college degree is
limiting access and creating massive student
debt. This decline in affordability is also
challenging the value of a college degree and
promoting the development of alternative models
of higher education.
Technological Change
Emerging technologies (online, A.I., automation,
big data, and advances in cognitive sciences)
coupled with rising costs, are creating alternative
educational opportunities and economic
incentives that are attracting competition to, and
promoting disruption of, the current higher
educational system.
Rapidly Changing
Workforce Needs
The rate of change in the workplace is
accelerating and producing dramatic shifts in
skills needed to succeed. Digitization, robotics,
artificial intelligence, and globalization are
dramatically altering the nature of work and the
associated skills and training needed.
PAGE
4