Online Learning Update

May 26, 2012

College Crackup and the Online Learning Future

Filed under: Online Learning News — Ray Schroeder @ 12:10 am

by Mark C. Taylor, Bloomberg

There are going to be winners and losers in the new world of networked higher education. The success of Harvard, MIT, Yale, Stanford and Princeton online programs will prove a challenge to many colleges and universities. Why pay a quarter of a million dollars to go to a second-tier school when you can get a Harvard education online for little or nothing? This also raises the question of whether one is paying for an education or certification when attending college. Facing skyrocketing debt and dismal job prospects, many students and their families may even ask whether the difference between the virtual and the real Harvard is worth the cost. These practical considerations shouldn’t overshadow one of the most promising innovations that online education will bring: The very structure of knowledge will change.

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