What lessons must higher education internalize from other industries?

Higher education is an industry in the midst of significant shifts. Insiders think of the higher education industry as sui generis, yet there are valuable lessons to learn from other industries. Healthcare too has a 3rd party payor (insurance), spiraling costs, and variable outcomes. Automotive is undertaking a massive shift from internal combustion engines to electric vehicles, not dissimilar to the online shift in higher ed. Other large expenditure industries like luxury travel, wealth management, and luxury fashion offer insights as well. We will probe what these industries can help us understand about the future of higher education.