How many colleges and universities will survive?

NYU prof: 'Hundreds, if not thousands' of universities will soon be 'walking dead' is a discussion about a point we've talked about several times, that colleges are over priced, and so students will find other ways to get an education.

I did find this thought very sobering:

Approximating that a thousand to two thousand of the country's 4,500 universities could go out of business in the next 5-10 years, Galloway concludes, “what department stores were to retail, tier-two higher tuition universities are about to become to education and that is they are soon going to become the walking dead.”

Hat tip: Instapundit