It's interesting because (in Ontario, Canada) there is an ongoing trend to adopt online classes because of the touted lower costs. Since there is an explosion

It's interesting because (in Ontario, Canada) there is an ongoing trend to adopt online classes because of the touted lower costs. Since there is an explosion of demand of students who primarily see post-secondary institutions as job training grounds (and don't necessarily understand academia), the institutions wan't to adopt these online courses to help deal with demand and attract students with the appeal of 'remote' courses, all at lower costs. If MOOCs can be credentialed and recognized by employers, I think it's logical that they'll steal a lot of the undergrads from universities, which are the primary revenue generator for these institutions.