In recent months, many of the most prominent research universities announced forays into free online courses. As a greater number of these universities go online with such free education platforms, the nature of the market for — and even the meaning of — a college degree could change in both subtle and significant ways.
Behind the screens, beyond the more collaborative desire to educate the world, a rather complex sort of competition may be playing out. Aside from the question of competition, however, is the question of what the classification of these online programs signals in terms of our beliefs about the purpose and value of a college degree, as well as the qualifications for such a degree.
http://www.insidehighered.com/views/2012/09/11/essay-contradiction-facing-moocs-and-their-university-sponsors