By providing free access to anyone with an Internet connection, MOOCs facilitate the dissemination of knowledge to unprecedented numbers of people.
Nor have universities crafted a viable business model for MOOCs. Udacity gets some revenue from corporations, including Google, for developing high-level, specialized courses.
We wonder as well, with our tongues halfway in our cheeks, whether seventeen-year-olds will want to spend four years, or three, or even two living with mom and dad and staring at a computer screen.
They still must overcome some skepticism about the quality of online education and the prospects for having the courses cover the costs of producing them, but their enthusiasm is undimmed.
harder to attract students willing to pay $20,000, $40,000 or even $60,000 a year for the traditional on-campus experience.
free courses
MOOCs
“We think this approach can cut costs by about 25 percent,” he said, “enabling each professor to work with more students, while producing a clear improvement in learning outcomes.”