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Tuesday, May 22, 2012

The new frontier of education: Online College

"Efficiency, however, has its cost.
There are going to be winners and losers in the new world of networked higher education.
The success of Harvard, MIT, Yale, Stanford and Princeton online programs will prove a challenge to many colleges and universities.
Why pay a quarter of a million dollars to go to a second-tier school when you can get a Harvard education online for little or nothing?
This also raises the question of whether one is paying for an education or certification when attending college.
Facing skyrocketing debt and dismal job prospects, many students and their families may even ask whether the difference between the virtual and the real Harvard is worth the cost."



Bloomberg
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