MOOCS won't save Universities.
“While Moocs are unlikely to prove a silver bullet for students or universities, combining their efficiency and scalability with the credibility of a traditional university education is compelling for both.For example, universities could use Mooc courseware to lower the cost of instruction and make better use of property. More learning would happen outside the classroom, alleviating operational and capital costs. Moocs could also make higher education more accessible to working students with limited flexibility and financial resources. Still more innovative, they could provide a more standardised way of measuring attainment across institutions. A talented student at one of America’s 1,000 or so community colleges could compete and excel in a course with Ivy League students, bringing more egalitarianism and meritocracy to a prestige-driven market.”This is an astute observation. Absolutely correct.
Interesting idea we are working on right now at Bookneto is basically getting our courses from top professors at Harvard, Princeton et al and working with local Universities in emerging markets like Nigeria and elsewhere to provide course credit from their schools for the courses. We also have a play where we work with professional associations like the law society etc to provide continuous professional development credit for relevant courses taught by great professors on the Bookneto platform.Excited to see how it pans outCourses are the new textbooks - with a degree contributing credit slapped on them.