As Steve Rothschild, an entrepreneur who teaches at Worcester, Mass.-based, Clark University’s entrepreneurship capstone course told me, “Programs like edX will revolutionize college education.” In his view, students will be able to get basic knowledge that forms the foundation for capstone classes like the one that Rothschild teaches from programs such as edX. Those free courses could take the place of community colleges. And if name-brand four-year colleges were willing to transfer edX credits from students who spent, say, two years taking those courses – the students would be able to cut their tuition bills by 25% to 50% compared to taking two years at a community college and two years at a name-brand one.
