Title is misleading. As the Internet chips away at the practical reasons for limiting the student population, the real reason Yale limits the size of its class

Title is misleading. As the Internet chips away at the practical reasons for limiting the student population, the real reason Yale limits the size of its classes will become more obvious. Decreased barriers to entry of getting a degree will draw attention to the fact that it is (and arguably always has been) 20% about what you learn, 80% about who you meet. MOOCs are not going to disrupt prestige, they're going to make it even more important as a signal in an increasingly noisy market.