It is clear higher education is changing. It is not clear exactly how things will shake out. My expectation is that as more people move to these new massive online classes from a few universities that other universities will go out of business.
In Seven Years 'til the Revolution? Jane Shaw shares her thoughts. She starts with:
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In spite of all the alarm over rising costs and excessive borrowing for college, one person is confident that college will be far less expensive in just a few years.
In the vision outlined by Vance H. Fried, there will be little need for federally subsidized loans. Many parents will be able to pay for college for their children out of current income.
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