Historically, higher education has avoided such competitive disruption. There are several reasons for this past immunity. One is the power of prestige in the higher education marketplace, where the quality of the product is hard to measure. In the absence of comparable measures of what universities produce for their students, the well-respected institutions have a natural advantage; because they have been admired in the past, they are presumed to be the best choice for the future. A related stabilizing force is the barrier to disruptive innovation created by accreditation, a process by which
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