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""I'm a survivor of that teardown mode of the '70s and '80s, that college-for-all thing," he said. This has had the unintended consequence of helping flatten out or steadily erode the share of students taking vocational courses. In California's community colleges, for instance, it's dropped to 28 percent from 31 percent since 2000, contributing to a shortage of trained workers with more than a high school diploma but less than a bachelor's degree."

"An easy No Need to Study path through college for those who can literally pay extra should also fuel lingering questions of class and race bias in higher education. Elite education opportunities already skew to those most able to afford to them. But the ability to get a degree by opening a checkbook instead of a textbook does, at a minimum, complicate efforts to flatten the education-access pyramid. "

"if you aren't the best lecturer in the world, why shouldn't your boss replace you with whoever is? And if you aren't the one providing the content, why did you spend all those years in graduate school anyway? Teaching, you say? Well, administrators can pay graduate students or adjuncts a lot less to do your job. Pretty soon, there might even be a computer program that can do it."

"Righting the ship will require borrowing a page from the community-college playbook, by adding employment-ready programs like nursing (as Holy Family has done) and computing to entice disaffected degree-seekers. Developing online and hybrid teaching methods might also raise revenue from adult learners. Mostly, self-preservation will require both professors and administrators to accept cost-cutting, which will hardly be easy. Even though St. Joe's ended the year with a $7 million surplus by embracing some of these measures, its administration became cannon fodder for faculty. But if more schools don't follow suit, it could spell closures. "For those college presidents unwilling to reboot," Hartman warns. "I've got one word for them: Detroit.""

"As a result, the tuition pricing at America's universities has evolved into something akin to a discount mattress retailer, though Graber's employer, a consultancy named Noel-Levitz, has come up with a more august name for it: "financial aid leveraging." Noel-Levitz might be the most influential force in higher education pricing that you've never heard of, empowering what's become a three-stage, market-distorting game for college administrators."

Pioneers like Salesforce popularized SaaS, web-based business applications that were easy to use and even easier to purchase, with a click. With that, they took one of the first swings at the command-and-control business culture that has defined the Industrial Age. A $40 billion SaaS industry followed.

"But from 1960 to 2060, our pyramid will turn into a rectangle. We'll have almost as many Americans over age 85 as under age 5. This is the result of longer life spans and lower birthrates. It's uncharted territory, not just for us, but for all of humanity. And while it's certainly good news over the long haul for the sustainability of the earth's resources, it will create political and economic stress in the shorter term, as smaller cohorts of working age adults will be hard-pressed to finance the retirements of larger cohorts of older ones."

"too many young people are spending years on loan repayment instead of growing personal wealth through investments like real estate and retirement accounts. In the long term, Elliott adds, that can be a drag on the economy - and create a wealth divide between people who have student debt and those who don't."

"If we can tap into the same network effects that drive the internet economy and bring it into the firm, we have the potential to build businesses that don't just benefit the bottom line but create a culture of participation and learning. And that's when we'll find that machines are far less adept at delivering the imagination, creativity, genuine insight, and emotional and moral intelligence that is uniquely human."

"In the end, young adults need more education and training -- something the U.S. post-secondary system seems curiously bad at delivering. The U.S. ranks first among developed countries in spending on post-secondary education, but eleventh in the share of young adults (ages 25 to 34) with a college degree."

"Employers report frustration at not finding skilled workers; and, according to the Manpower Growth 2012 Talent Shortage Survey, 49 percent of employers struggle to fill jobs. Jobs wait to be filled - current job seekers just lack the right skills."

The crisis that is about to break out involves student debt and how we finance higher education. Like the housing crisis that preceded it, this crisis is intimately connected to America's soaring inequality, and how, as Americans on the bottom rungs of the ladder strive to climb up, they are inevitably pulled down - some to a point even lower than where they began.

They chose their rooms and paid for everything online. But their beds were provided by private individuals, rather than a hotel chain. Hosts and guests were matched up by Airbnb, a firm based in San Francisco. Since its launch in 2008 more than 4m people have used it-2.5m of them in 2012 alone. It is the most prominent example of a huge new "sharing economy", in which people rent beds, cars, boats and other assets directly from each other, co-ordinated via the internet.

"The New York Times, Slate and Al Jazeera have recently drawn attention to the adjunctification of the professoriate in the US. Only 24 per cent of the academic workforce are now tenured or tenure-track.  Much of the coverage has focused on the sub-poverty wages of adjunct faculty, their lack of job security and the growing legions of unemployed and under-employed PhDs. Elsewhere, the focus has been on web-based learning and the massive open online courses (MOOCs), with some commentators celebrating and others lamenting their arrival. "

The issue of wealth inequality across the United States is well known, but this video shows you the extent of that imbalance in dramatic and graphic fashion.

"Professors typically don't worry about what price point an online course will sell at, or what amenities might attract a student to pick one course over another. But a new online platform, Professor Direct, lets instructors determine not only how much to charge for such courses, but also how much time they want to devote to services like office hours, online tutorials, and responding to students' e-mails."

"Airbnb, Coursera, and Uber: The Rise of the Disruption Economy"

Well I suggest these industries jump on board or become dinosaurs!.