Is traditional undergraduate campus building space being made less necessary by online education? Yes.
The growth of online education is depressing the need for the brick and mortar of campuses just like online sales are reducing the need for retail space. In fall 2015 the scale of the undergraduate impact was 12 Arizona States or 52 Harvards.
So far more than 23 million square feet of traditional campus space has been obviated by online education. This space is existing and unbuilt.
- Existing – excess space that is no longer needed; and
- Unbuilt – space that need not be built.