Interesting short debate on the power/damage caused by MOOCs:
“There is a risk that traditional universities will be swept away by a wave of innovation,” Professor Shackleton said. “If universities do not react to (change), they will go the way of Jessops and Blockbuster, who thought their business models would last for ever.”
Teaching methods used by most universities were “stuck in the 19th century”, he argued, adding that “degree courses are far more expensive than they need to be”.
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Another story on MOOCs in the same edition: http://www.timeshighereducation.co.uk/story.asp?storycode=422466