by ERIC SPIEGEL, Wall Street Journal
There are two major advantages to the online education business model. The first is access. Online education allows students around the world to learn from recognized leaders in higher education, regardless of where they live. Online courses, like MOOCs, are challenging the foundations of traditional education institutions. The second advantage is adaptability. The very nature of online education allows it to quickly adjust to the ever changing needs of industry.
http://blogs.wsj.com/experts/2013/10/12/moocs-will-change-the-university-business-model/
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