MIT continues its grand tradition of announcing a thing before it has done it - in this case, the 'micro-masters' that will be awarded partially based on MOOC credits (the first graduates from the '10-month program' will not see the light of day until 2020, according to this article). Jim Shimabukuro is "waiting for the other shoe to drop". Given that the original program raises $65K in fees from each student in less than a year, there will be another shoe. "We're probably going to see leapfrogging in the coming weeks and months," he says, "with the rest of the field scrambling to one up MIT. The intriguing question is, what forms will credit MOOCs take?" This particular program looks to me like a loss leader, creating an endless supply of applicants for the second part of the program, which still costs an arm and a leg.
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