STANFORD
UNIVERSITY PRESS
  
Cover of The College Devaluation Crisis by Jason Wingard
The College Devaluation Crisis
Market Disruption, Diminishing ROI, and an Alternative Future of Learning
Jason Wingard

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August 2022
328 pages.
$30.00

Hardcover ISBN: 9781503627536

CITATION

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Employers are stepping in to innovate new approaches to training talent that increasingly operates independently of the higher education sector.

The value proposition of the college degree, long the most guaranteed route to professional preparation for work, is no longer keeping pace with rapidly evolving skill needs that derive from technological advancements impacting today's work force. If the university system does not engage in responsive restructuring, more and more workplaces will bypass them entirely and, instead, identify alternative sources of training that equip learners with competencies to directly meet dynamic needs.

The College Devaluation Crisis makes the case that employers and other learning and development entities are emerging to innovate new approaches to training talent that, at times, relies on the higher education sector, but increasingly operates independently in order to satisfy talent needs more agilely and effectively.

Written primarily for managers, the book focuses on case studies from leading companies, including Google, Ernst & Young, IBM, and Marriott, to illustrate their innovative strategies for talent development across varying levels of individual education, age, and background. The book also addresses professionals on the university side, urging readers to consider the question: Will higher education pivot and adapt, or will it resist change and, therefore, be replaced?

About the author

Dr. Jason Wingard is President of Temple University, Professor of Human Resource Management, and Professor of Policy, Organizational, and Leadership Studies. He is also Chairman of The Education Board, Inc., a boutique management consulting firm specializing in executive coaching and advisory services. Previously, Dr. Wingard served as Dean of Columbia University's School of Professional Studies; Chief Learning Officer of Goldman Sachs; and Vice Dean of the Wharton School, University of Pennsylvania.