"In summary, I think MOOCs are an important development for higher education, but they are not poised to majorly reform anything.  At best, they can supplement and bolster existing efforts by replacing remedial and entry level courses, leaving the more advanced topics for the traditional college classroom, online or otherwise.  As MOOCs improve, this may change – but for now, this is the best they can provide."

Via Peter B. Sloep, Miloš Bajčetić