The data is clear: higher education is as essential as an aircraft carrier in a time of battle—but its ability to pivot must match the speed of the economy it’s meant to serve.
Commentary by Randy Davidson, Founder & CEO of Georgia Insider
For decades, universities operated as default gateways: four years in, degree out, career to follow. That model assumed time, patience and a broadly shared belief that the credential itself justified the cost. That assumption is being questioned. More and more students and families are turning away from rigidity, time-to-value and debt without clarity.
Several forces are converging. Admissions at many traditional four-year institutions are down despite the availability of lottery funding, grants and expanded aid. At the same time, many technical colleges, certificate programs and career-aligned pathways are seeing sustained growth. Young people want education that is modular and directly connected to work. They want to move from high school into skills and income and not into a holding pattern.
Most universities, by contrast, remain structured around systems designed for a different era. Tenure, departmental silos, slow curriculum approval cycles and incentive structures that reward research volume over labor-market relevance all make change difficult. None of these elements are inherently bad. Tenure protects academic freedom and research universities drive discovery. But together they create institutional inertia. Around the country, large university systems behave less like startups and more like aircraft carriers. Ultimately essential, but slow to turn.
Meanwhile, professional and applied programs like business, healthcare, engineering and creative technology, are among the areas seeing strong demand. These programs offer clearer outcomes and closer ties to employers. It’s a narrative students can explain to themselves and their parents. I know liberal arts education matters, but I think it increasingly needs to be paired with applied pathways earlier, to remain attractive.
What makes this moment urgent is that the innovation economy doesn’t wait. Industries are changing faster than curricula. Even employers with traditional degree requirements for applicants are valuing demonstrated capability over pedigree. Entrepreneurs are building careers before age 22. When universities can’t adapt at the speed of culture and commerce, students route around them.
Leadership matters. In Georgia, we are fortunate to have such a strong leader at the helm of the University System of Georgia. Sonny Perdue has been unusually direct about the need to align the University System with workforce demand, business realities and economic development. As chancellor, his pro-business posture acknowledges that education and employment are overlapping.
The real opportunity is about re-architecting: shorter pathways, stackable credentials, tighter employer partnerships and faster curriculum iteration. Everyone needs to be on board with the cultural permission to experiment. The institutions that figure this out will become engines of the innovation economy.