Harvard Business School professor: Half of American colleges will be bankrupt in 10 to 15 years.

It’s going to come down to large endowments, federal subsidies, alumni donations and high EFC families to save colleges. It’s easy to guess which schools will win survival of the fittest.

Elite schools in America are extremely well endowed. Interestingly 25 highest ranked institutions on Forbes’s top schools list have an endowment of more than $200 billion which makes more than 40% of all American endowments.

Obviously state schools, at least flagships have nothing to worry about either, tax payers will support them.