<p>^why do you assume that the living situation is an either/or decision (home or in residential colleges)? An on line student can be traveling the globe, working on a kibbutz, working a full time ski instructor job in Aspen, rounding up cattle in Austrialia. Where the physical address is on the online student is limited only by the imagination.</p>
<p>One further advantage of the Coursera type model is the ability to find those unique professors who can communicate the subject matter in a way which turns on the inner learning switch. While I said that I have had the best lecturers I’ve ever seen, I neglected to point out that I’ve also had some terrible ones on Coursera. For those, I dropped the course and moved on - often replacing the dropped class with another immediately (since new courses begin frequently). </p>
<p>How many of us remember that great prof, how that great prof turned a dry subject into a living topic (and the opposite)? Too many times I’ve seen my kids slog through a course unable to change it due to poor lecture/communication skills. We pay too much money for that type of education.</p>
<p>These new online course offerings (not to be confused with the stereotyped old formats) are very different. In fact, in just that 18 months I’ve been taking courses, the evolution of the formats has been considerable. Initially, some universities simply rebottled old online courses. For the most part, I thought those were the worst(closer to the CD method). </p>
<p>The crack in the dam may occur when the first mover - a respected old school - realizes that it can actually increase the number of students it educates without impacting its overhead, thereby increasing its revenues. For example, lets say a school has 6k dorm beds. Further assume that off campus housing doesn’t exist. Thus, each class is 1500 students (6000 revenue payers at 50k each). If this school can convince students to take the first year on line, each class can be expanded to 2000 each. The school now has 8000 revenue payers - the school can decide how much to charge for that first year taken online (the student can physicallyl be anywhere). If the school charges 15k for that first year, that means a pretty big chunk of change for a nominal increase in administrative overhead.</p>
<p>But, if and only if, employers will accept that type of learning. And, as interviews with many top execs indicate, employers are moving in that direction.</p>
<p>The online approach is not a one size fits all. It does lack the intimacy of the LAC, the social interaction of the college weekend, the tradition of a tried and true approach (the good and the bad). But it cuts the physical ties to the university; it allows students to work while learning (and not necessarily the menial work often masquerading as work-study); it allows a student to seek out a broad range of courses, and change/drop terrible lecturers.</p>
<p>As to the observation of what’s next a “virtual fraternity”? What do you think CC is? I don’t mean that as demeaning - merely to point out that we’ve been creating close relationships in ways never dreamed of a few years ago.</p>