MOOCs: A Revolution … or Just Plain Hype?
As of this writing, hundreds of MOOCs are being offered by US and foreign universities and millions of people have registered for them. But are they effective? They have been criticized for their lack of academic rigor. They also suffer from poor completion rates, with the bulk of participants dropping out in the first few days of the course. But they do offer the promise of making higher education and degrees accessible to a much larger chunk of the world’s population at a fraction of the cost, significantly reducing the cost of corporate training, and providing a convenient and cost-effective option for lifelong learning.
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