Rising Costs May Usher In New Era Of Higher Education

America’s higher education system has largely remained an unchanged institution with universities today looking a lot like they did 100 years ago, according to education policy expert Kevin Carey. “Colleges and universities really have not changed in any fundamental way since their basic design ... when they were created in the late 19th century. They've used information technology to kind of sustain themselves but not really transform themselves,” Carey said.