I think we are witnessing the end of the traditional educational business model in real time. Every week it seems new courses are coming out. Yesterday for exam

I think we are witnessing the end of the traditional educational business model in real time. Every week it seems new courses are coming out. Yesterday for example MIT released a basic electronics course, https://6002x.mitx.mit.edu/ https://6002x.mitx.mit.edu/, complete with labs, homework, and two exams. It's free. They are planning on releasing more. At some point, the online offerings will become to traditional colleges as wikipedia is to traditional encyclopedias.