If the risk and time-adjusted reward is greater than $60,000, probably. But in the long term, the cost structure of online courses is radically different than

If the risk and time-adjusted reward is greater than $60,000, probably. But in the long term, the cost structure of online courses is radically different than in-person. I would expect institutions that don't adopt to fail in the long term, as new providers with the lower cost structure enter and dominate; classic disruption. Their strategy right now would have been like if Apple released the iPad for $1,599 instead of $499 out of fear of cannibalization of their laptop market. If there is a way of offering a substitute at radically lower cost, somebody is going to cannibalize, it's just a question of who. If Universities don't do it to themselves, they should expect a slow and steady decline.