25% of colleges likely to go out of business: Chegg CEO

25% of colleges likely to go out of business: Chegg CEO

25% of colleges likely to go out of business: Chegg CEOCovid-19 related campus closures and the shift to remote learning may mark the end of higher learning institutions as we know them. Chegg CEO Dan Rosensweig says 25% of all universities in the U.S. are likely to close, as cash strapped colleges struggle to adapt to a changing education environment.