Jeffrey “Optical” Cohen Predicts By 2035 over 50% of Colleges will Collapse

“The collapse of over 50% of colleges will happen by 2035”, predicts Jeffrey Cohen.

The world is changing at a rapid pace and in less than a decade, we have seen a complete transformation of the former state of affairs to the current state. Futurists predict that these changes will not only continue but they will become more rapid and cause a greater impact than in years past.

One such prediction is on our college campuses. Jeffrey Cohen has indeed predicted that by 2035, over half of colleges in the United States and around the world will collapse. On the topic of education, he states that, “The education we ‘buy’ will increasingly be on ‘our terms’ not on theirs. We will want education that is relative, timely, available on-demand and that fits within a specific need. And it will need to be far more affordable.”

Education in our college campuses has seized to evolve with the changing times. In fact, it has become more and more costly as the years progress. According to the Modesto bee, it is said that student loans in the United States alone exceed one trillion dollars. This clearly paints a picture of how things are globally.

The internet has had a great impact on all areas of our lives, this includes education. There is a rise in demand for online courses unlike in the past. Online courses cut down expenses by more than half and have increasingly gained popularity among this generation. Whereas it was shunned before by fortune five hundred companies, they have started to embrace it thus spiking its popularity.

College campuses are very expensive to maintain and run. Costs are brought up by the need to keep facilities running, hiring staff, insurance, security and utilities. This is only mentioning the basic needs for running a campus. Additionally, there is the demand for better campuses, changing technology and the need to keep up with new inventions. Therefore, that is an added cost on top of the basic costs.

The time factor will also play part in the increasing popularity of online options. Every new invention made is primarily based on making our lives simpler and more convenient. We want everything done at our convenience and at our own time. Online courses can be taken anywhere, as long as there is a stable internet connection and a PC or laptop.

Mr. Jeffrey Cohen is the President of the Cohen Group, a private equity company managing a variety of investments and President of Operations for General Vision Services.

About Jeffrey Cohen

Jeffrey Cohen, Founder and CEO, has 6 years of experience in the same position at Golden Pear Funding, one of the top three national legal advance companies in the United States today. Mr. Cohen is also President of the Cohen Group, a private equity company managing a variety of investments and President of Operations for General Vision Services.

Jeffrey Cohen is the heir of the New York City’s famous Cohen’s Fashion Optical.  Today, there are over 100 Cohen’s Fashion Optical stores in major mall and city locations throughout seven east coast states and Puerto Rico.