At the millennium, the Association of Governing Boards of Universities and Colleges estimated that one-third of all colleges and universities would be closing within ten years. Peter Drucker, a management theorist, recently predicted that higher education institutions as one knows them today, will be relics in a matter of a few short years. The message was to change or die. The source of the change is digital technology and distance education. Whether faculty see distance education as a positive pedagogical venue or not, they tend to recognize the fiscal value of distance delivery in higher education.
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