"It’s possible that the incursion of the Internet market into the universities will be something like the incursion of big-time college sports. There are any number of American schools that appear now to have been swallowed by their sports programs. ... Something similar may happen with Internet education. Certain colleges may become addicted to the revenue that Internet courses draw and they will deform themselves in the attempt to make more and more money. They will adulterate their intellectual goods for the marketplace and perhaps those goods will sell briskly. "
Comment: Yet another pebble in the pond of opinions on how MOOCs might affect education, and a good one at that. The piece ends in an optimistic note: "The quest for truth will always collide in time with the quest for profits." I hope with the author that this is how the story ends. But once you allow money to dictate academic values, there's no real going back, I fear. Look at the film industry (the author himself mentions Hollywood), the music industry. Financial gain is the great homogeniser, we should never allow it to even aspire to that role in academia.
Note: For now, the bleak scenario applies to the USA in particular, but ever more countries in the world seem to be wiling to organise themselves in such a way that financial arguments are the ultimate and only judge of the policies they choose to adopt and ignore. If that is true, nobody is immune to the scenario sketched here. (peter sloep, @pbsloep)
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Peter B. Sloep