virtual schools

Remember the MOOC?

Just a few years ago, the Massive Open Online Course was expected to reinvent higher education. Millions of people were signing up to watch Web-based, video lectures from the world's great universities. Some were completing real assignments, earning certificates and forming virtual study groups — all for free.

Surely the traditional college degree would instantly collapse.

One year ago, many were pointing to the growth of massive open online courses, or MOOCs, as the most important trend in higher education. Many saw the rapid expansion of MOOCs as a higher education revolution that would help address two long-vexing problems: access for underserved students and cost.

In theory, students saddled by rising debt and unable to tap into the best schools would be able to take free classes from rock star professors at elite schools via Udacity, edX, Coursera and other MOOC platforms.