ABSTRACT
This chapter offers some perspectives about the risks and rewards of Bologna Process outcomes along with thoughts and ideas about the long-term impact and scale of the Bologna vision through the next decade and beyond. It outlines some challenges the Process will face as it branches out from the European Higher Education Area to other countries and cultural systems. The chapter also outlines how the confluence of global economic cycles, fiscal constraints, uncertainties regarding political leadership, urbanization and shifting demographics, and disruptive innovation in higher education may continue to act as both impediments and incentives to Bologna reforms, and the changes these heralds for the future. One of Bologna's strategic action lines has been the promotion of lifelong learning. Increasingly, people are opting to study online. Interestingly, the McKinsey Report cites a poll in which 74" of 700 educators in Europe believed schools were sufficiently preparing students for the workforce.
