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Rescooped by Michael McBride from TRENDS IN HIGHER EDUCATION
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What Can MOOCs Do for American Higher Education?

What Can MOOCs Do for American Higher Education? | MOOCs | Scoop.it
What Can MOOCs Do for American Higher Education?

Via Alberto Acereda, Ph.D.
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Rescooped by Michael McBride from TRENDS IN HIGHER EDUCATION
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Is Higher Education Still A Good Investment?

Is Higher Education Still A Good Investment? | MOOCs | Scoop.it

Rising tuition fees and an ailing job market continue to perpetuate a cycle of spiralling student debt and lost opportunities. Unless this can be addressed, higher education will continue to represent an increasingly risky and uncertain investment in the years to come.


Via Alberto Acereda, Ph.D.
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Rescooped by Michael McBride from TRENDS IN HIGHER EDUCATION
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Coursera Snags $43-Million in Venture Capital

Coursera Snags $43-Million in Venture Capital | MOOCs | Scoop.it
The jury may still be out on how much money massive open online courses stand to generate for the companies and universities that offer them, but that has not deterred investors from betting big on Coursera, the largest MOOC company.

Via Alberto Acereda, Ph.D.
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Rescooped by Michael McBride from TRENDS IN HIGHER EDUCATION
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MOOCs: The Craigslist of College?

MOOCs: The Craigslist of College? | MOOCs | Scoop.it

The challenge is that today’s colleges have developed a top heavy administrative structure and a guild-based teaching system on the basis of a fragile revenue model. As the revenue model falters, partly but only partly because of new technologies like the MOOCs, both the large and cumbersome administrative structures and the hypertrophied guild system will have to change.


Via Alberto Acereda, Ph.D.
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timokos's curator insight, July 11, 2013 4:24 AM

 Smart analysis of the possible economic impact of MOOCs on large campus otiented universities. 

 

"Craigslist was the newspaper killer; classified ads used to be a major money spinner for the journalists, but online internet ads were cheaper, more convenient, and worked better for all concerned. MOOCs may have the same impact on colleges; they won’t replace the old model but they could make it uneconomical.

 

MOOCs won’t challenge the campus status quo by replacing every course in the catalog. But they will pressure higher ed’s revenue model. It’s certainly true that there is less professor-student interaction in MOOCs than in small college seminars, but anyone who has been through college can tell you that many courses—particularly for freshpersons and sophmores—are taught in large lecture halls with hundreds of students and little to no contact between students and senior professors. These are the courses where MOOCs can compete—and these are the courses that make money. 

 

Now a smart MOOC company or a McHarvard can offer a for-credit MOOC at $50 a credit hour, less than a tenth of the cost of many private and public institutions.  From the perspective students and parents, it’s fairly obvious what you should do: take cheap MOOCs with good TAs for the intro courses, and only pay top dollar for the things that a MOOC can’t do. 

 

We suspect that the government will end up pressing colleges and universities to accept this kind of transfer credit on a generous basis; it’s a way to reduce student loan debt at both public and private institutions, it is politically popular, and it provides cover for state legislators looking to shift spending from discretionary categories like universities to the massive pension and entitlement obligations coming due.

 

The challenge is that today’s colleges have developed a top heavy administrative structure and a guild-based teaching system on the basis of a fragile revenue model. As the revenue model falters, partly but only partly because of new technologies like the MOOCs, both the large and cumbersome administrative structures and the hypertrophied guild system will have to change. 

 

Ask a journalist what happens when the classified ads go to Craigslist."

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MOOCs and Economic Reality - Chronicle of Higher Education (subscription) (blog)

MOOCs and Economic Reality - Chronicle of Higher Education (subscription) (blog) | MOOCs | Scoop.it
MOOCs and Economic Reality
Chronicle of Higher Education (subscription) (blog)
In “We're All to Blame for MOOCs,” Patrick J.
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Rescooped by Michael McBride from TRENDS IN HIGHER EDUCATION
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Make Way For MOOCs: How Free, Online Courses Could Revolutionize Education - Payvand

Make Way For MOOCs: How Free, Online Courses Could Revolutionize Education - Payvand | MOOCs | Scoop.it
Make Way For MOOCs: How Free, Online Courses Could Revolutionize Education
Payvand
Raza is one of the several million learners worldwide to have discovered "massive open online courses," or MOOCs.

Via Alberto Acereda, Ph.D.
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Abdulsalam Al-Mukradi's curator insight, December 2, 2015 1:37 PM

MOOC is indeed a revolution in Education. It helps educators a lot and it gives all the chance to have flexible learning. It is a super tool for all. Thank you MOOC.

 

Rescooped by Michael McBride from TRENDS IN HIGHER EDUCATION
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Higher ed leaders urge slow down of MOOC train

Higher ed leaders urge slow down of MOOC train | MOOCs | Scoop.it

As scores of colleges rush to offer free online classes, the mania over massive open online courses may be slowing down. Even top proponents of MOOCs are acknowledging critical questions remain unanswered, and are urging further study.


Via Alberto Acereda, Ph.D.
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Rescooped by Michael McBride from Educational Technology in Higher Education
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MOOCs and Economic Reality - The Conversation - The Chronicle of Higher Education

MOOCs and Economic Reality - The Conversation - The Chronicle of Higher Education | MOOCs | Scoop.it

Via Mark Smithers
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MOOCs are Not the Future of Higher Ed

MOOCs are Not the Future of Higher Ed | MOOCs | Scoop.it

"The higher education industry in the United States is ripe for some big changes, and some would contend that the MOOC phenomenon could end up being the new standard. Personally, I am hesitant to claim that any “one” thing could be the answer to today’s problems, but I have no issues in saying that MOOCs may be the catalyst that higher education so desperately needs in order to keep up with today’s increasing consumer demands."


Via EDTECH@UTRGV
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Rescooped by Michael McBride from Connectivism
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MOOCs Change Playing Field in Higher Education

MOOCs Change Playing Field in Higher Education | MOOCs | Scoop.it
The rapid spread of massive open online courses, or MOOCs, is transforming higher education in the U.S. and worldwide.

Via Dr. Susan Bainbridge
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Pieter de Vries's curator insight, July 8, 2013 10:28 AM

This sounds like a business assumption one tends to believe in not to loose faith. At least the media coverage make you believe that something is going on, but how to sell this to the majority of teachers? We need some straight forward examples of the goodies that come with this evaluation.