This article is obviously speculative, and mentions ITT, which subsequently went down. Unfortunately for profit ed got corrupted, people were hurt and want to see it burned to the ground, fair enough. But maybe what could emerge are systems that function to benefit those they were originally intended to help. Let's not forget all the problems that plague not for profit ed at this point and the fact a large segment of the population was disenfranchised prior to the emergence of for profit ed. It will be interesting to see how EDMC does with their non profit model moving forward and it will be interesting to see what happens with NEIA. Any thoughts on this?
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Get over it! There is no rebounding from this! The public has become aware and are staying away from for-profits. It is the end for the for-profit model. EDMC/Art Institute will cease to exist slowly and painfully!
It will never happen with current for-profits simply because their goal is profit and they have stockholders who will not benefit, but there will be new models from places like Udacity and their Nanodegrees, Microsoft Professional mini university, EdX, HackReactor, etc. They are currently focused on tech because the money is there but it will expand. You also have much more interesting non-profit models in WGU and the University of the People.
"Those for-profits that will succeed are the ones that focus on quality over quantity. " That's it, in a nutshell, and nothing I have seen at my AI makes me think this is going to happen.