Sunday, February 5, 2012

Free courses may shake universities’ monopoly on credit - Jon Marcus, Hechinger Report

Just as the Internet has made news free and music cheap, it may be about to vastly lower the cost of one of the most expensive commodities in America: college. Several new companies and organizations with impressive pedigrees are harnessing the Internet to provide college courses for free, or for next to nothing. And while many traditional universities are slowing this trend by refusing to give academic credit toward degrees to students who complete such programs, several no- and low-cost startups are doing an end-run around this monopoly by inventing new kinds of credentials that employers may consider just as good.