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edX does more to nudge out no-name schools than prestigious universities - and if anything will likely be a strong revenue generator for top universities going
by cdrxndr 14y ago
edX does more to nudge out no-name schools than prestigious universities - and if anything will likely be a strong revenue generator for top universities going forward.
A few scenarios:
* Would you pay tuition to be taught by [well-meaning] no-name professor Dave at no-name Community U?
* Would you be willing to pay a nominal fee to receive a certificate for edX achievement?
* Would you be more willing to pay for a certificate from Harvard/MIT, or UVA?
The online education trend will act as a channel for the most prestigious schools to capitalize on their brand without diluting their stature. And we'll see them making hand-over-fist money by outcompeting community colleges and other online programs that don't have the weighty reputations.