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The university needs to have enough demand to keep their price high -- and MIT is NOT losing applicants because they can listen to Gilbert Strang for free. Or
by forkandwait 16y ago
The university needs to have enough demand to keep their price high -- and MIT is NOT losing applicants because they can listen to Gilbert Strang for free. Or even if MIT is losing applicants, it probably doesn't impact the number they admit each year.
On the other hand senior professors (not universities, at least to the same degree) trade in fame, not enrollment; Gilbert Strang's career has almost surely only benefited by the fact that we all know his name. MIT probably benefits as well.
However, crappy on-line universities (National, etc) might really be taking a hit from these things -- though, again, one pays for certification not (just) learning.