My sense is that it will be very hard to reform the system from the inside. Rather, schemes where the money follows the student are likely necessary to get the right level of innovation.
You clearly understand the dynamics of these first and second-order mechanisms in higher ed. well explained, and I wish university leadership would spend less on glossy alumni magazines and more on investments in innovation, achieve their stated missions
Nicely said Michael.
My sense is that it will be very hard to reform the system from the inside. Rather, schemes where the money follows the student are likely necessary to get the right level of innovation.
You clearly understand the dynamics of these first and second-order mechanisms in higher ed. well explained, and I wish university leadership would spend less on glossy alumni magazines and more on investments in innovation, achieve their stated missions
Preach it!