Report by Faculty Group Questions Savings From MOOCs | Chronicle of Higher Education

A recent article in the Chronicle of Higher Education highlights the Campaign for the Future of Higher Education's recent paper, The 'Promises' of Olnine Higher Education: Reducing Costs. The paper asserts that although universities often adopt MOOCs as a potential cost-saving measure, the system may not actually save universities money. 

The CHE reports:

"In the second of a series of papers challenging optimistic assumptions about massive open online courses, a coalition of faculty-advocacy organizations asserts that online instruction “isn’t saving money—and may actually be costing students and colleges more,” but that “snappy slogans, massive amounts of corporate money, and a great deal of wishful thinking have created a bandwagon mentality that is hard to resist.”

"The paper, “The ‘Promises’ of Online Higher Education: Reducing Costs,” was released by the Campaign for the Future of Higher Education, whose backers include a number of faculty unions. Drawing on news articles and public-opinion surveys, it says that while the business model supporting MOOCs is “still a work in progress,” the trend is to offer courses free but charge for “a degree or a certificate or anything from the MOOC that carries real value.”"

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