FunnyMonkey touts this as an effective elevator pitch: "The much vaunted American higher education system coasts on the reputation of the top three dozen schools which themselves gain much of their stature simply by excluding 85% of applicants. Most post secondary institutions just don't add much value and can no longer justify outrageous tuition." There are some good points here, though I am left wondering what "value" it is exactly that is not added (and to what). "Education has been disrupted! Huzzah! Let the VC funds roll in!" But, "the online offering of organizations like K12, Pearson, Khan, etc, aren't particularly innovative from a pedagogical place." One of the things MOOC (the way we're doing it) isn't is a startup. Maybe if we became one we'd become media darlings too.
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