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MOOCs expand the audience for education to people ill-served or completely shut out from the current system, in the same way phonographs expanded the audience for symphonies to people who couldn’t get to a concert hall, and PCs expanded the users of computing power to people who didn’t work in big companies.

But anyone who has watched a piece of open source software improve, or remembers the Britannica people throwing tantrums about Wikipedia, has seen how blistering public criticism makes open systems better. And once you imagine educating a thousand people in a single class, it becomes clear that open courses, even in their nascent state, will be able to raise quality and improve certification faster than traditional institutions can lower cost or increase enrollment.

Quae Non Possunt Non Manent. Things That Can’t Last Don’t. The cost of attending college is rising above inflation every year, while the premium for doing so shrinks. This obviously can’t last, but no one on the inside has any clear idea about how to change the way our institutions work while leaving our benefits and privileges intact