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I don't imagine tutors are going to teach for free, but I do think the cost of education has generally spiraled out of control beyond what anyone could consider
by dkennemo 9y ago
I don't imagine tutors are going to teach for free, but I do think the cost of education has generally spiraled out of control beyond what anyone could consider sustainable or reasonable.
In my dad's generation, you picked one profession, stuck with it for life, and had one or - if you were adventurous - two, employers. Retooling (and therefore continuing education) just wasn't required. You learned what you needed to learn in high school and perhaps college, and then you were done with that part of your life and moved on.
In this economy, people find themselves having a few different careers over their lifetime, and to facilitate that they need to revisit the academy a few times. But when you bundle together the cost of providing the education, the cost of supporting a large research organization (if at a research university) and the cost of a large physical plant, it gets super-expensive.
And then there are additional market frictions - I adore MIT as an institution, but even if qualified and admitted to their supply chain management program, there are a certain number of candidates who are going to say they can't afford the opportunity costs to NOT work for a year plus the out-of-pocket costs to attend. So, the benefit of such a candidate's intelligence and what they would contribute to the class, is lost in these frictions.
On the supply side, the high cost of resources dictates a high tuition price and an ever-present supply constraint: seats are limited. So, institutions limit the number of applicants who can get in and admissions committees do their best to select those from the applicant pool who will make THE most of the resources provided. But they're not perfect - they admit some people they wish they hadn't, and they reject others they live to regret not admitting. (Warren Buffett was famously rejected from Harvard - needless to say, the university now wishes they'd welcomed him with open arms...)
MOOCs remove this constraint - and scale infinitely - hence the cost can be very low indeed. But they remove the human component and no one knows yet whether LEARNING scales in this fashion.
uMOOC is trying to correct this flaw - to, quite literally, put the 'u' back in the MOOC.
So, HaoZeke, yes, money is made by tutors and the site, but it creates an environment where students who otherwise might get frustrated and quit, instead succeed and can move forward. That has to be worth something to society, no?