Online Education Will Be the Next 'Bubble' To Pop, Not Traditional University Learning

John Tamny, , Jun 10, 2013
Commentary by Stephen Downes
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Forbes doesn't often get it right, but in this case they do: "With university education jaw-droppingly expensive, it’s often asked what in terms of instruction kids are getting in return for the huge cost. Of course that’s a false question. Parents and kids once again aren’t buying education despite their protests to the contrary. Going to college is a status thing, not a learning thing. Kids go to college for the experience, not for what’s taught. And that’s why there’s no ‘bubble’ forming in the university world. There isn’t one not because Yale and Stanford students learn anything of real world value, but because each school is a door opener." If you understand this, you understand why MOOCs have to be about connecting people, rather than merely about transmitting content.

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