Lloyd Armstrong at Changing Higher Education posted comments on Laureate Education CEO Doug Becker‘s move to China… to create something new, backed by financiers that include Paul Allen, George Soros, and the endowment of Harvard University:
I have long believed that real innovation in higher education will not come in the US, but from some area such as China or India where there are enormous higher education needs, and greatly constrained resources compared to those needs. It is there that the very expensive US model of higher education will run prove most ineffective. Apparently Doug Becker, Chairman and CEO of Laureate Education, is of the same opinion. He has just announced that he and his family are moving from Baltimore ( the home of Laureate) to Hong Kong so that he can establish a new Asia headquarters there.
If the bulk of US tertiary institutions continue to stagnate due to legacy structures and cost disease, will the next leading higher education providers emerge in Asia?