Higher Education is riding a digital rollercoaster. The pandemic accelerated a strategic shift to online learning and while many Universities around the world are adjusting back to something resembling pre-pandemic patterns, AI and a long-term digital transformation are powering massive expansion in hybrid programs. Post-pandemic data from the NCEE in the US already points to the ongoing decline of pure 'on-campus' programs that include no online components or courses. HolonIQ's forecast for 2030 expects 'On-Campus' enrollments to decline to less than 10% of the total with Hybrid accounting for more than 10M, more than 50% of all programs.