"20 Under 20" Program founder Peter Thiel is mostly right in suggesting that higher education is a bubble waiting to burst, writes Inigral CEO Michael Staton for Inside Higher Ed. Thiel's critique of PSE is not that degrees have no value; it's about whether the sector is ripe for disruption. Staton writes that the bubble is not going to suddenly burst, but he does foresee what he calls the "Great Disruption." In his suggested survival guide, Staton recommends institutions regard non-traditional modes of education as start-ups, embrace "blended learning" and competency-based assessment, seek vendors as partners that can provide technology to "scale" existing processes outside the classroom, take advantage of the Internet, and adopt good management practices from business. Staton will be speaking at the Academica Summits in Halifax and Vancouver in November. Inside Higher Ed (Academicagroup)