Education startups will attract cheap capital and seize the opportunity the pandemic has accelerated. SARS was huge for e-commerce in Asia, and it helped Alibaba break out into the consumer space. COVID-19 could be to education in the United States what SARS was to e-commerce in Asia.

In the end, the free market will decide. Over the next year or two, as we wait to for a vaccine, business schools will be forced to prove their worth as more than just location-bound incubators for building social capital. Unlike the cautiously optimistic class of students ready to embark on their MBA journey, McDonald believes this could be the be... See more