Friday, April 25, 2014

MOOCs: What's a Great College Class Worth When It's Free? - Annalisa Kraft-Linder, Daily Finance

For the last two months, I've been studying at Yale online with noted economist Robert Schiller. There were online office hours, graded quizzes, peer-reviewed papers, a final exam and notable guest speakers like billionaire investor Carl Icahn. If I wanted it, a verified certificate of study was $50. Online forums took the place of study groups. My Financial Markets course consisted of the professor's in-class lectures and guest speakers on video. It took 20 to 30 hours -- whenever I wanted -- with quizzes and papers on a grading deadline. Had I taken it for a certificate, I would have barely squeaked by with a "Gentleman's C." http://www.dailyfinance.com/2014/04/16/mooc-great-college-classes-free/