Abstract

It has become an article of faith in higher education worldwide that substantial change is just around the corner. Reasons for this vary but involve a mixture of problems in three general areas: (1) debt and financial exigency; (2) frustration caused by a lack of innovation; and (3) failure to incorporate challenges brought on by the age-of-the-internet. Once there becomes an overwhelming urgency, price point in origin, to change the economic model of higher education, entrepreneurs, entering the low end with disruptive innovation, will use technology-based EaaS so that universities will be able better to address their vision and mission. In this, universities will follow the path of knowledge management in business. No more paying for bloated education, much of it never wanted or used.