Why Online Education Won’t Replace College—Yet
Professors hired to teach the baby boomers are retiring, it’ll be a seller’s market. Now Massive Open Online Courses, or MOOC’s, threaten that rosy future. One person can teach the whole world with a cheap Webcam and an Internet connection. Sebastian Thrun, a Stanford University research professor and co-founder of the MOOC provider Udacity, told Wired that in 50 years there will be only 10 institutions in the whole world that deliver higher education.