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"The answer may be to combine the two. Anant Agarwal, who runs edX, proposes an alternative to the standard American four-year degree course. Students could spend an introductory year learning via a MOOC, followed by two years attending university and a final year starting part-time work while finishing their studies online. This sort of blended learning might prove more attractive than a four-year online degree. It could also draw in those who want to combine learning with work or child-rearing, freeing them from timetables assembled to suit academics."

instead of two years, it would last 10 months-long enough to make friends, participate in experiential parts of the program, and become members of the club. They would pay a fee for the immersion, but not the balance of their tuition. After that, students would graduate into the work force, but they would stay enrolled at Wharton on a subscription basis. One day, a Wharton subscriber working in investment banking might get put on a team that oversees mergers and acquisitions. Instead of aching to recall the lessons she learned back in business school (and later forgot), she takes an online "minicourse" from Wharton. "The new pattern becomes learn-certify-deploy, learn-certify-deploy," the professors write in their paper.

The advent of broadband in the year 2000 has created a generation of digital natives, the communication watchdog Ofcom says in its annual study of British consumers. Born in the new millennium, these children have never known the dark ages of dial up internet, and the youngest are learning how to operate smartphones or tablets before they are able to talk.

"In a student-centric LMS, the core abstraction of the LMS is the student. In the diagram, I'm imagining a student with control of connections to other entities within the system. These could be instructors, or other students, or learning materials. To create a course, you invite students to connect with a common set of resources, one or more instructors, and the other students in the course. When the course is complete, the student can drop the connections she doesn't need any more - but keep the rest. As the educational experience proceeds, the student collects, under her control, the connections that remain meaningful and useful and drops the ones that are stale or irrelevant. Furthermore, these resources could be local and within the LMS, or they could be external to the LMS or to the student's current institution."

"The Learning Innovation and Networked Knowledge (LINK) Lab at UT Arlington has been chosen to lead a $1.6 million initiative to connect and support researchers across the country as they examine digital learning's effect on higher education today and in the future."

" it makes sense for Wiley (the publisher, not the dude) to strike a licensing deal with OpenStax. They're OK about not making a lot of money on the books as long as they can sell their WileyPlus software. Which, in turn, is why I think that Wiley (the dude, not the publisher) is not crazy at all when he predicts that "80% of all US general education courses will be using OER instead of publisher materials by 2018." I won't be as bold as he is to pick a number, but I think he could very well be directionally correct. I think many of the larger publishers hope to be winding down their traditional textbook businesses by 2018."

This report, funded by a grant from The William and Flora Hewlett Foundation with additional support from Pearson, examines the attitudes, opinions, and use of Open Educational Resources (OER) among teaching faculty in U.S. higher education.

"In this volume, Martin Weller examines four key areas that have been central to the developments within open education: open access, MOOCs, open education resources and open scholarship. Exploring the tensions within these key arenas, he argues that ownership over the future direction of openness is significant to all those with an interest in education."

"Enrollment at America's largest for-profit university was about 460,000 students five years ago. Now it's 213,000."

"participants were asked to type a series of statements that would be saved in specific folders. They were then asked to recall the statements and the folders in which the files were located. Overall, they were better at recalling the file locations than the statements. The conclusion from the two experiments? Technology has changed the way we organise information so that we only remember details which are no longer available, and prioritise the location of information over the content itself."

"the biggest problem as succinctly as possible: Caring Doesn't Scale. This three-word sentence captures so much. First, it clearly communicates that "scale" has become a virtue. More importantly, it implies that old-fashioned virtues - things like caring about people - simply can't compare in importance to modern values like scale."

"There's been much debate in recent years about the role of public colleges in an era when students pay for more than half their education in most states. Sure, state funds might make up less than 10 percent of the budget at the University of Virginia, the University of Michigan, and Berkeley, but the fact of the matter is that most public colleges couldn't survive if not for their states."

"As the Embedded For-Profit industry develops, he predicts it will further curtail professors' autonomy, already somewhat weakened by colleges' use of outside companies to host learning-management systems - and more recently to help manage and produce online-education programs."

"Universities that thrive in this new era will embrace their role as curator and translator. They will integrate best-in-class programs that are responsive to the workforce needs of the time. They will develop digital, clickable credentials that more clearly convey the unique skills and competencies that make up a degree."

"Diamandis believes that solar energy will soon satisfy the demands of the entire planet and replace the market for fossil fuels. This will mean fewer wars and cleaner air. Systems for converting atmospheric humidity into clean drinking water will become cheap and ubiquitous. The industrial meat industry will also vanish, replaced by tastier and healthier laboratory-grown products with no environmental downsides. He also predicts that exponential increases in the power of AI would soon render teachers and universities superfluous. The best education in the world will become freely available to anyone."

"We're keeping track of major college and university closings, mergers, acquisitions and other consolidation from 2016 to the present."

"The new university/company AI partnership model will resemble the current online program management model, in which the AI company de-risks the AI investment with up-front capital and resources, and is paid by a revenue share."

""Students are going to be a hot commodity, a scarce resource," said Grawe. "It's going to be harder during this period for institutions to aggressively increase tuition. It may be a time period when it's a little easier on parents and students who are negotiating over the financial aid package.""

This is a deep and complex question, one not susceptible to single answers or easy slogans.  Fortunately, two William and Mary economists have published one of the best and most accessible explanations I've ever seen."