Debt and Inflation is Disrupting Higher Education, Shifting the Tide in Confidence and College Enrollment

October 10, 2023
Geordie Hyland


Even in a fast-paced world powered by 5G, AI, and global interdependence, there is still one institution that remains central to the dreams of many: higher education. However, despite technological advancements promising greater access to knowledge, there’s a pressing question: Is the traditional model of higher ed meeting the needs of today’s diverse, digital, and debt-laden students? According to a recent Gallup poll from July of this year, only 36 percent of Americans have strong confidence in higher ed, which is down from the previous 48 percent in 2018.

So, what’s driving this decline in confidence, and what does the future of higher education look like?

For the latest episode of “DisruptEd,” host Ron J. Stefanski sparked an enlightening conversation about the subject with Geordie Hyland, the President and CEO of the American College of Education. Hyland shared his perspective on the transformative shifts happening in the realm of modern education, and the way it’s impacting how potential and current students view their futures given rising costs and student loan debts. 

Stefanski and Hyland also talked about:

  • The staggering increase in student debt and its profound societal implications.
  • The inflation in tuition fees versus the perceived value of a degree.
  • The challenge of aligning higher ed with real-world job opportunities.

Geordie Hyland is the President and CEO of the American College of Education. As a tech-savvy educator with a legacy of disruption, Hyland’s journey into the education sector is rooted in a family tradition of valuing education. He worked at Google before entering the education field. Hyland is a big champion for creating  accessible, affordable, and relevant higher ed, and in his role, he dedicates efforts to serve adult learners with online programs.

Article written by Alexandra Simon.

Recent Episodes

Experts Talk K-12 EdTech Leadership Priorities
View episode

As we navigate the evolving landscape of K-12 education, the role of technology, as well as K-12 edtech leadership has never been more pivotal. Especially in the era of K-12 education post-pandemic, how has this influx of technology solutions for everything from curriculum management, to hybrid learning, to quiz gamification, to AI-supported learning, impacted…

The 2hr Learning Model
View episode

In an era where traditional schooling often fails to ignite students’ passions, the innovative 2hr Learning Model proposed by Alpha represents a significant shift in educational paradigms. This approach is not just timely but essential, as the quest for efficient and engaging education systems becomes more urgent in the face of global educational disparities….

Employment within the Navajo Nation
View episode

The urgency of linking education with employment within the Navajo Nation is critical, given the levels of underemployment in the community. This has sparked discussions on how to effectively bridge these gaps to foster community development and individual growth. With communities still reeling from the impact of COVID-19, targeted educational initiatives that align with…