MOOCs are an interesting development because the are free and a number of leading institutions have jumped on board, that that doesn’t improve delivery of existing courses. Because most MOOC courses don’t offer credit, that doesn’t help students that want or need credit toward a degree.
The 21st century will be defined by schools that use technology appropriately for what they do best. There are things that the computer does best and things that teachers do best. We think that computers do basic skills best. … Computers can adapt on the fly to an individual child’s mistakes or successes, and that would be impossible for a teacher in a class of 25-30 kids.
“Historically education has served a public good in changing lives for the better by increasing income levels. Unfortunately, it now appears that the high cost of education and the consequent level of debt needed to pay for school could be destroying rather than enhancing graduate’s lives. Wall Street protesters are correct to point out that while the federal government bailed out the financial services and automotive industries, they opted not to help students who were promised the American dream so long as students opted to pursue a post-secondary degree. This makes me sick.” – Michael Clifford, education entrepreneur
“The rate of growth in online enrollments is ten times that of the rate in all higher education” said study co-author I Elaine Allen, Co-Director of the Babson Survey Research Group and Professor of Statistics & Entrepreneurship at Babson College.