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Much has been made of online education's mini bubble, with an emphasis on MOOcs like Coursera, Udacity, and edX. Having taken several of these classes, it all
by SloopJon 11y ago
Much has been made of online education's mini bubble, with an emphasis on MOOcs like Coursera, Udacity, and edX. Having taken several of these classes, it all seemed kind of silly to me. They're great for curiosity and continuing education, but nowhere near replacing a college degree.
Seeing the kind of money that's going into these ventures, there are obviously people still betting big. I think they face a real challenge marketing these classes and certifications as valuable to the students and employers. Coursera used to award a free statement of accomplishment (a PDF, basically). The classes that I've taken recently only recognize students who pay for a verified certificate. The fee is really small, but it's not really worth anything to me.
I've very much enjoyed having free access to so many different classes. I don't know whether it's sustainable as is, but I fear that an acquisition like this may step up the pressure to monetize, show a profit, etc.