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Bold Measures are Needed to Improve Investment in Higher Education

The higher education sector faces mounting pressure to reimagine funding models or risk falling behind in a rapidly transforming landscape

By Michael B. Horn · April 12, 2024, 6:00 AM UTCEducationHigher EducationInvestmentInvestment in Higher Education
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Key takeaways

01

Higher education faces mounting pressure to rethink funding models amid rapid technological and societal change.

02

Venture capital could play a meaningful role in shaping the future of higher education investment.

03

Fostering innovation within existing educational structures is essential for improving accessibility and workforce relevance.

The stakes for higher education have never been higher as the educational landscape sees rapid evolution. As universities and colleges grapple with the dual challenges of technological disruption and increasing demands for accessible, quality education, the question of how best to implement investment in higher education becomes a priority. This debate has been ignited further by recent conversations dissecting the systemic problems facing higher education and proposed bold solutions. This has sparked conversations among educators, investors, and students alike, highlighting a pressing need for innovative approaches to funding and structuring higher education institutions.

What strategies can ensure that higher education remains a driving force for societal progress and individual success in the 21st century?

For the latest segment of "The Future of Education," host Michael B. Horn and author Dianne Tavenner, seek to answer that question and more in an episode featuring Stacey Childress, Senior Advisor at McKinsey and Company. The episode explored some insights generated by several conversations, focusing on the investment strategies that can help higher education adapt and thrive.

Their discussion also explored:

  • The role of venture capital in shaping the future and investment in higher education.
  • Strategies for bridging the gap between educational institutions and the demands of a rapidly changing job market.
  • The importance of fostering innovation within existing educational models to enhance accessibility and relevance.

Stacey Childress is the Senior Advisor at McKinsey and Company. She has years of experience in both education and entrepreneurship. Childress started her career as a classroom teacher, and then later a software entrepreneur and faculty member at the Harvard Business School, where she specialized in entrepreneurial activity in public education. Her work has spanned writing books, authoring case studies, and leading organizations such as the New Schools Venture Fund and AREDAF, always with a focus on improving educational outcomes for students. Her unique perspective combines deep insights into the challenges and opportunities within higher education with a passionate commitment to student success.

About the author

Michael B. Horn
Michael B. HornSpeaker, Writer & Advisor on the Future of Education, Clayton Christensen Institute

Michael Horn speaks and writes about the future of education and works with a portfolio of education organizations to improve the life of each and every student. He is the co-founder of and a distinguished fellow at the Clayton Christensen Institute for Disruptive Innovation, and host of the Future of Education podcast on MarketScale.

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About the Experts

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Michael B. Horn

Co-Founder, Clayton Christensen Institute; Host, The Future of Education

Michael B. Horn is an author, educator, and co-founder of the Clayton Christensen Institute for Disruptive Innovation. He is widely recognized for his work on disruptive innovation in education and is the host of the podcast 'The Future of Education.' Horn has written several books on education reform and innovation, including 'Disrupting Class' and 'Choosing College.'

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Stacey Childress

Senior Advisor

McKinsey and Company

Stacey Childress began her career as a classroom teacher before becoming a software entrepreneur and faculty member at Harvard Business School, where she specialized in entrepreneurial activity in public education. She has led organizations including the New Schools Venture Fund and AREDAF, and has authored books and case studies focused on improving educational outcomes for students.

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Dianne Tavenner

Author and Co-Host

Dianne Tavenner is an author and education leader known for her work founding Summit Public Schools, a network of charter schools focused on personalized learning. She is a frequent collaborator with Michael B. Horn on 'The Future of Education' podcast.