Anyone who thinks about the future of higher education is likely to find themselves in a state of unease. The trends are worrying. A decade from now will witness unprecedented declines in the numbers of new high school graduates, particularly in the Northeast and the Midwest. These demographic headwinds, combined with continued public disinvestment and rising costs, have pushed many schools to various levels of financial instability. The decline of tenure-track positions, in favor of adjunct faculty, is one strategy that colleges and universities have pursued to bring their revenues and costs in line with one another explain the current postsecondary reality of concentrated privilege and system-wide anxiety?
https://www.insidehighered.com/blogs/technology-and-learning/transaction-man-rise-disposable-professors-and-insecure-institutions?mc_cid=c87d143421&mc_eid=879d6835e3