Are online courses a step in the right direction? for whom?

While elite universities in the US and Europe may benefit financially from the emergence of online courses, smaller institutions and for-profit education companies could find themselves squeezed out, a report has claimed.

According to Shifting Ground: Technology Begins to Alter Centuries-Old Business Model for Universities, produced by credit rating agency Moody’s, the recent rush by leading universities to create collaborative networks offering massive open online courses (MOOCs) is a pivotal moment for the sector. Such networks include Coursera (co-founded by two Stanford University professors and now with several institutions on board) and edX, a collaboration between Harvard University and the Massachusetts Institute of Technology.

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