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An army of new online courses is scaring the wits out of traditional universities. But can they find a viable business model?
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Good commentary by Peter Sloep: "This concise article contains little news for those who keep up to date on MOOC developments. However, it still is useful in that it only takes on the question of whether (higher) education with MOOCs can be turned into a viable business. This is revealing, both in that the Economist concludes that the verdict is still out on that question and in that no single sentence is devoted to the question of whether this is a good idea in the first place." (@pbsloep)
I suppose it is The Economist, after all...
Offering MOOC's... a “lemming-like rush”? Interesting metaphor.
Business models are appearing - Coursera announced this week that they have made $1million on their Signature track (although this pales into insignificance against their investors $66 million) Better than nothing though! Interesting article though.