“Monopoly power of universities on knowledge creation and dissemination would be significantly diluted as a diverse set of non-university actors emerge on the horizon. Moreover, the distinction between for-profit and nonprofit entities would get blurred…For most universities, a shift from the collegial to a managerial atmosphere is inevitable.”  I found this statement to be extremely powerful.  College degrees in the US are becoming less prestigious and looked at as necessary for any entry level job, making the prestige of your undergraduate institution relevant but not extremely important.  Everyone has a 4 year degree, so competition for entry level positions are high and you need more than just a degree to distinguish yourself from other candidates.  Thats why I believe future generations will care less about the college they go to (for profit, non profit, ivy league, public, etc.) and focus more on obtaining a degree while distinguishing themselves in other ways (internships, study abroad, involvement in college, etc.)

In Pawan Agarwal’s essay he mentions that international education will become a part of undergraduate study – through technology, exchanges and global partnerships, more students will be participating in these international experiences in one way or another and less students will be seeking to travel across boarders for their full education. He says: “The present trend of cross-border mobility of students for full course of study would be replaced by part study abroad through semester exchanges, etc”. While I see where his prediction is coming from, I happen to think the opposite will happen with US universities. I have read many articles discussing how the rising costs of US education is causing students to look oversees for options at full time study to complete their entire undergraduate degrees. With many 4-year public universities (and some private) in financial trouble, with less federal and state funding and no foreseeable solution in the future, I believe high tuition costs and high competition for applicants to public universities, I think more and more US students will see going to other countries as an option for a 4 year degree.  In some other countries, funding from the government is substantial enough to support very low (or sometimes free) tuition, even for international students.  The Washington Post posted the list in 2014 about 7 college in Europe that US students can study in English for free and this is by no means a comprehensive list.  According to an article in the Wall Street Journal, German Universities experienced a 33% increase in US students studying in Germany between 2010-2013 and England saw an 8% increase between 2012-2013.  Canada is also a popular destination for US students, as they offer similar universities and are very close to home.  The benefits of getting a college degree abroad are also increasing, students can learn a new language, finish degrees in less than 4 years, and stand out on their resume. I am curious to see how this plays out over the next 10 years!