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"It's Craig's belief that students may one day find they don't need a bachelor's degree to become employable. When that day comes, the traditional four-year college experience could be considered as "old-fashioned and elitist" as a debutante ball. While Craig wouldn't be pinned down on a date by which this unbundling of higher ed will take place, he did offer clues to help us recognize its inevitable arrival."

he American Association of University Professors has been championing tenure for more than 100 years as a path to academic freedom in research as well as in the classroom. Back in the early 1900s, only the most senior professors at the most elite institutions enjoyed the privilege. Even moving into World War II, tenure was still rare.