The document summarizes key challenges and opportunities that universities will face in the next 10-15 years according to the Ernst & Young University of the Future Report. These include: 1) Democratization of knowledge and changing models of teaching and learning. 2) Increased contestability of markets and funding models. 3) Rapid advancements in digital technologies. 4) Growing global mobility of students and faculty. 5) Deeper integration with industry and workforce needs. The report suggests that universities needing to adapt their operating models to remain viable in this changing landscape.
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