Cost Quote by Mark Cuban
“The Higher Education Industry is very analogous to the Newspaper industry. By the time they realize they need to change the costs to support their legacy infrastructure and costs will keep them from getting there.”
About This Quote
Source Interview: Bloomberg Businessweek, 2020
Higher education resists change like newspapers, stuck in legacy costs that block innovation.
In simple terms: Universities cling to old models, preventing progress.
Key Takeaway
Push for adaptable, cost‑effective education models.
Themes
education
innovation
legacy systems
Mood
critical
analytical
Type
commentary
business
When to use this quote
- budget planning
- curriculum redesign
- online learning platforms
- policy advocacy
Key Concepts
economics
technology disruption
Questions to Reflect On
- How can institutions balance tradition with needed change?
- What models successfully reduce legacy costs?
A Different Perspective
Financial pressures may compromise academic quality.
![“[Photography is ] likewise even French impressionists. So the Sculls bought pop. It was politics, and they moved with it. And I think that could be happening, to some degree, with photography, too. It doesn't cost as much to do it, either.” quote by Garry Winogrand](https://sms4smile.com/quotes/img-quotes/2eb/garry-winogrand-2342_cost_photography-is-likewise-even-french-impr_2802.jpg)
