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Writings from Dr. Perry D. Drake, Chair Marketing and Entrepreneurship

Writings from the Desk of Dr. Perry D. Drake, Chair Marketing and Entrepreneurship

Thursday, May 7, 2026

The Rise of “Degree Hacking” ...And Why Higher Education Better Pay Attention

 The Rise of “Degree Hacking” ...And Why Higher Education Better Pay Attention

I recently came across a fascinating article in The Washington Post discussing the growing trend of what many are now calling “degree hacking.”


If you have not heard the term yet, you probably will soon.

In short, people are figuring out ways to complete accredited college degrees at dramatically accelerated speeds and significantly lower costs through combinations of:

  • transfer credits,
  • online competency-based programs,
  • alternative learning platforms,
  • certifications,
  • testing out of courses,
  • and increasingly… AI-assisted learning.

Some students are reportedly completing bachelor’s degrees in months instead of years.

Now before many in higher education immediately dismiss this as some fringe internet movement, I would caution against doing so. In my opinion, this is not just a passing trend. This is a signal of a much larger shift happening in higher education right now.

And honestly? Higher education better pay attention.

What Is Really Happening Here?

This movement is not simply about “students trying to avoid learning.”

It is about several major forces colliding at the same time.

1. The Cost of Higher Education

Let’s be honest. Many families and adult learners are questioning whether the traditional four-year path is financially sustainable.

If someone can obtain:

  • an accredited degree,
  • while working full-time,
  • for a fraction of the traditional cost,
  • and complete it much faster,

that option becomes very attractive.

Especially for adult learners, career changers, and working professionals.

2. AI Is Accelerating Learning

We also cannot ignore the AI factor.

Today’s learners have access to:

  • AI tutoring,
  • instant explanations,
  • study support,
  • summarization tools,
  • practice quizzes,
  • writing assistance,
  • and personalized learning support 24/7.

Whether higher education likes it or not, AI is dramatically changing how quickly motivated students can absorb and apply information.

That reality is not going away.

In many ways, AI did not create the pressure higher education is feeling right now. It simply accelerated issues that were already bubbling beneath the surface:

  • rising costs,
  • questions about ROI,
  • concerns about relevance,
  • and growing skepticism around traditional timelines.

3. Competency Is Starting to Matter More Than Seat Time

Traditional higher education has long been built around semesters, classroom hours, and seat time.

But competency-based education asks a difficult question:

If a student can demonstrate mastery, why should they be required to sit in a classroom for 15 weeks?

That question makes many traditional institutions uncomfortable because it challenges one of the foundational structures of higher education itself.

At the same time, employers are increasingly focusing on demonstrated skills and competencies rather than simply the traditional degree pathway itself.

We are beginning to see discussions around:

  • skills-based hiring,
  • competency transcripts,
  • stackable credentials,
  • micro-certifications,
  • and alternative methods of validating learning.

That shift matters.

Here Is the Important Part…

I do not believe the traditional college experience disappears.

Far from it.

There will always be tremendous value in:

  • campus life,
  • networking,
  • mentorship,
  • collaboration,
  • student organizations,
  • internships,
  • athletics,
  • and the overall growth experience that occurs during college.

But I do believe the monopoly of the traditional four-year model is ending.

And that matters.

Higher Education’s “Blockbuster Moment”

There is an interesting analogy emerging in higher education circles right now.

Some argue universities risk having a “Blockbuster Video moment” if they fail to evolve with changing consumer expectations and technological realities.

I do not believe higher education is losing value.

Far from it.

But I do believe institutions risk losing relevance if they fail to adapt how that value is delivered.

That is a very different conversation.

So What Becomes the Value of a University?

This is where I think many universities need to rethink their positioning.

Because if content itself becomes increasingly accessible and commoditized, then the true value of higher education becomes:

  • human connection,
  • mentorship,
  • experiential learning,
  • networking,
  • industry engagement,
  • applied projects,
  • career preparation,
  • communication skills,
  • leadership development,
  • and community.

In other words:
The experience and the relationships become even more important.

This is exactly why I continue to believe strongly in:

  • industry-connected curriculum,
  • digital and AI integration,
  • conferences and networking opportunities,
  • applied learning,
  • advisory councils,
  • internships,
  • and exposing students to real professionals and real-world challenges.

Students today need more than information.

They need:

  • context,
  • application,
  • adaptability,
  • critical thinking,
  • communication skills,
  • and human guidance.

The Role of Faculty Is Changing Too

I also believe AI is changing the role of faculty.

Faculty are no longer simply content deliverers.

Increasingly, they become:

  • mentors,
  • facilitators,
  • coaches,
  • discussion leaders,
  • project guides,
  • and translators of complexity.

The old “sage on the stage” model becomes harder to maintain when information is instantly accessible through AI.

Ironically, this may make great faculty even more valuable moving forward — not less.

Because students will continue to need:

  • wisdom,
  • perspective,
  • ethics,
  • accountability,
  • and real human interaction.

We Also Need to Be Honest About the Risks

At the same time, legitimate concerns absolutely exist.

There are reasonable questions around:

  • academic integrity,
  • overreliance on AI,
  • shallow learning,
  • reduced attention spans,
  • critical thinking decline,
  • and credential dilution.

Those concerns should not be ignored.

Higher education must find ways to preserve rigor, quality, and meaningful learning outcomes while still adapting to changing realities.

This cannot become a race to the bottom.

Where I Think This Is Headed

I suspect over the next 5–10 years we will see:

  • shorter degree pathways,
  • stackable credentials,
  • hybrid learning models,
  • more competency-based education,
  • increased employer partnerships,
  • and greater integration of AI into learning environments.

At the same time, I also believe accrediting agencies and universities will eventually tighten oversight around extreme “speed-run” degree models to ensure academic quality remains strong.

But make no mistake:
This movement is real.

And institutions that refuse to adapt to changing learner expectations may find themselves struggling.

The future of higher education likely belongs to institutions that can successfully combine:

  • flexibility,
  • credibility,
  • affordability,
  • applied learning,
  • technology,
  • and authentic human engagement.

The universities that figure out that balance first will have a major advantage moving forward.

And frankly, this conversation is only beginning.


References & Related Reading

 

Friday, May 1, 2026

Behind the Scenes of Running A Major Conference... What Most People Don’t Realize

 

Behind the Scenes of Running A Major Conference... What Most People Don’t Realize

When people walk into the Midwest Digital Marketing Conference (MDMC), they see polished stages, energized speakers, packed sessions, networking, branding, technology, smiling volunteers, coffee stations, food trucks, and a seamless attendee experience.


MDMC 2026 Session

What they often do not see is what happens behind the curtain.

Running a large conference is not simply “putting on an event.” It is the management of a high-stakes business operation with a fixed deadline, hundreds of moving parts, and no option to postpone when pressure rises. Industry research consistently notes that event planners face major stress around budgeting, staffing, logistics, rising costs, and stakeholder expectations. PCMA identified budget concerns as one of the top challenges facing event organizers, along with staffing shortages and workload pressure.

And that is exactly where the real story lives.


The Clock Never Stops

Unlike many business projects, conferences do not have flexible launch dates. Once the doors open, they open. Once thousands of dollars are committed, they are committed. Once guests arrive, excuses have no value.

The Project Management Institute has noted that events create a unique form of pressure because deadlines are immovable and schedule overruns are not acceptable.

That means every delay matters.

  • A missing sponsor payment matters.
  • A late speaker deck matters.
  • A catering miscount matters.
  • A registration tech glitch matters.
  • An AV issue matters.
  • A weather issue matters.
  • A vendor misunderstanding matters.

And all of it tends to matter at the same time.

The Weight of the Wallet

There is another reality many people never fully understand:

At the end of the day, someone has to own the financial bottom line.

  • Someone must look at contracts.
  • Someone must ask if costs are justified.
  • Someone must monitor ticket sales daily.
  • Someone must decide what can be upgraded and what cannot.
  • Someone must determine whether the event breaks even, loses money, or succeeds financially.

That responsibility can be lonely.

While others may focus only on programming, branding, hospitality, or creative ideas, the person carrying the financial burden must balance optimism with discipline. Hyatt notes that strong event budgeting is essential because it protects investment, reduces risk, and builds stakeholder confidence.

What many people don’t realize is how quickly small decisions turn into real dollars.

A simple request—like adding a second microphone to a breakout room—can cost $150–$200, even if it’s used for just one hour. A last-minute tweak to catering or AV may seem minor in isolation, but multiplied across dozens of rooms, sessions, and attendees, those changes can materially impact the bottom line.

Even food comes with constraints. Due to health regulations, anything not consumed within a short window—often just a couple of hours—must be removed and discarded. That means over-ordering isn’t just wasteful; it’s expensive.

These are the kinds of decisions happening constantly behind the scenes. Individually, they seem small. Collectively, they determine whether an event stays on budget, breaks even, or falls short.

In plain English: if the money side is not managed, nothing else matters.

Pressure Changes People

Pressure can also strain relationships.

When stakes are high, patience can shrink. Tone can harden. Emails can feel sharper than intended. Small misunderstandings can become larger than they should. Good people can say things they normally would not say.

This does not always come from bad intent.

Often, it comes from fatigue, urgency, fear, and the emotional weight of carrying too much for too long. Industry sources discussing event-planning burnout frequently point to the nonstop juggling of responsibilities and expectations as a major cause of tension.

That does not excuse poor behavior—but it does explain why grace matters.

What Leadership Really Looks Like

Leadership during conference season is not glamorous.

  • It can mean making unpopular calls.
  • It can mean saying no when others want yes.
  • It can mean absorbing criticism quietly.
  • It can mean keeping calm while others panic.
  • It can mean protecting the mission while navigating personalities.

And sometimes it means repairing relationships after the dust settles.

Because once the ballroom empties and the lights dim, what remains are the people who built it together.

Why It Is Still Worth It

Despite the pressure, there is something meaningful about creating an event that helps others learn, grow, connect, and advance their careers.

That makes the stress worth carrying.

MDMC is more than sessions and speakers. It is opportunity. It is community. It is students meeting professionals. It is ideas becoming action. It is momentum for people who needed it.

So if you ever attend a conference and everything seems effortless, remember:

It probably wasn’t.

Someone carried a heavy load so others could have a great experience.

And more often than not, that burden falls on the one watching the numbers, signing the checks, and making sure the whole thing survives.

Sources & Further Reading

The realities described above are well documented across the events industry:

PCMA — Budget Woes Top List of Event Planners’ Biggest Challenges
https://www.pcma.org/budget-woes-top-list-event-planners-biggest-challenges/
(Highlights budget constraints, rising costs, staffing shortages, workload pressure, and stakeholder challenges in event planning.)

PCMA — Budget Pressures and Big Expectations: Insights from the Meetings Market Survey
https://www.pcma.org/budget-pressures-big-expectations-insights-pcma-meetings-market-survey/
(Explains how planners must manage strict deadlines, budgets, rising expectations, and complex operations simultaneously.)

PCMA — Event Planning: The Third-Most Stressful Job in the World
https://www.pcma.org/3rd-most-stressful-job-event-planning/
(Discusses rising costs, financial pressure, and the growing stress placed on those responsible for event outcomes and revenue.)

PCMA — Planners Under Pressure
https://www.pcma.org/industry-under-pressure-stress/
(Explores how stress is deeply embedded in event planning roles and impacts professionals across the industry.)

GoGather — Event Planning: Overcoming the Top 10 Challenges
https://gogather.com/blog/top-10-event-planning-challenges
(Details the complexity of managing budgets, logistics, vendors, travel, and attendee expectations across large-scale events.)

TEAM IM — 7 Key Challenges in Event Planning
https://teami.org/7-key-challenges-in-event-planning-and-how-to-overcome-them/
(Outlines core operational challenges including budgeting, coordination, and managing multiple stakeholders.)

Fundraising Coach — Event Planning Challenges and Solutions
https://fundraisingcoach.com/2025/01/17/event-planning-challenges-and-solutions/
(Discusses financial constraints and the difficulty of delivering high-quality experiences within limited budgets.)

Wikipedia — Event Management Overview
https://en.wikipedia.org/wiki/Event_management
(Provides a broad overview of the complexity of event management, including budgeting, logistics, coordination, and execution.)