Chancellor Phyllis Wise says the future of higher education in the U.S. will be based on whether students can get it. It not only means physically, but financially as well.
Chancellor Wise says universities around the country are in an unusual situation. They're in high demand, but also struggling to make ends meet. She says, in most industries, the supplier would "up" the price to the consumer, but that would decrease access to education which they're trying to avoid.
The chancellor says, in order to keep higher education going, new ways to stay afloat need to be developed in the changing economy. But, Wise adds, she believes college will be able to adapt and do that in the future.
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