Higher Ed
topic on 6 shows · 8 statements across 7 episodes
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8 statements about Higher Ed, every show
Strachman: Thiel started the public conversation about the higher education bubble
“What's wonderful about the fellowship is that people talk about the cost of higher ed now and the education bubble and the crazy inflation that it's outpaced without ever mentioning Peter. Like people have forgotten that he's actually the one who started that …”
Bank: One US college or university closes or merges every week
“Higher ed is a classic case, where you have one college or university closing or merging with another every week now.”
Bank: College-age population will drop 15% over next few years
“On top of that, you have an enrollment cliff coming around the pike because people stopped having children in the global financial crisis, and so those kids would be 17 or 18 years old now, enrolling in college in theory, but there's gonna be 15% fewer of them…”
Horowitz: Higher education now has more administrators than students
“The fact that higher ed has more administrators than students is so crazy.”
Andreessen: Higher education operates as an oligopolistic cartel via accreditation
“Higher ed is a cartel, right? It's quite literally a cartel, and the universities form, you know, they have an industry group they have these industry groups that they run, then, and then they have what's called accreditation and they control the accreditation…”
Zekitz: Higher ed buyers are averse to paying early-stage startups
“Higher ed is really averse to kind of paying for you to get to product.”
Ciecko: Century-old institutions require startups to have 2-3 year track records
“Realistically for a lot of these spaces, if you're selling to, let's say nonprofits or higher ed or organizations that have been around for a hundred plus years, They want to see that the company has been around for two, three years before they're willing to e…”