Thank you for sharing with me your thoughts. I agree with you with the promising (and exciting!) options if the CaaS (College-as-a-service) can become true and the unsolved challenges (all great questions) that you pointed out.
I can answer your questions from two different angles:
- From students/parents perspective: They can and would vote by feet. With the ever-increasing cost of college tuition - hence this very OpenIDEO challenge to make it more "affordable" - students have not many choices but to consider their ROI for a 4-year formal/traditional college program vs. "alternative" ways. More students will probably take online courses, work first then go to colleges, or even skip the traditional path all together.
- From employers perspective: Increasingly they are facing the challenges that 1) new college grads are not adequately prepared for the jobs even though they might have double majors; 2) shortage of skilled workers mean they can easily switch jobs and/or ask for higher pay, resulting in less employee/employer loyalty. So why should they invest time/money to retrain new college grads only to let them leave after a few years of on-the-job training? They shouldn't be. So what are the choices for them? One of the options could be like this post I wrote:
Thao, thanks and you have a good point. Just as SAT is operated by the College Board, applicants for this trainee program could probably also go through a 3rd party (or third parties) for assessment, administration and basic skill training/orientation, so that all sizes of companies can use them without having to worry about additional cost/resources.
Cristin - that's a great idea! Many companies already have rotational programs for college grads and MBA grads, so this would not being something new to them although the rotational program for 18-year-old will probably be quite different than 22+ year olds.