Traditional universities to MOOC out?

By Anish Srikrishna. The pressure on traditional universities is building up as online education is fast gaining momentum. The higher education landscape around the world has undergone a paradigm shift. Just as the forces of technology and globalization transformed sectors such as media and communications or banking and finance over the last two decades, these forces are now bound to transform higher education as well. This means that the solid classical university setup that looks permanent now will feel the change.
A new phase of competitive intensity is expected to emerge as the concept of the traditional university comes under pressure. While Thinktanks conduct research and private providers offer degrees, Thiel Fellowships have become more prestigious than top university qualifications, and Massive Open Online Courses (MOOCs) which aim at taking the best instructors global. Read more...