> that's because selective universities don't _want_ to give degrees through MOOCs at a lower cost as it 1) reduces the value of their degrees, and 2) reduces their reputation.
Huh? Many selective universities already make their educations free for many undergraduates.
The MOOCs charged money because they failed to solicit donations.
> Top universities could easily increase their student body 2x or 3x, bringing acceptance rate back up to 15%-20%.
This is true.
> Because what they're selling is not just an education (you can get that at (fill in blank) State)
The thing is, the best state institutions are operated like there are small elite academies within a larger, public body.
yes, but not their _degrees_, which is what I said. Sure, Harvard can give all of its classes online away for free, why? Because the actual value you get from attending Harvard is not the education. When you go to get a job, company X doesn't care that you "took some classes at Harvard", they do care that you "graduated from Harvard".
Huh? Many selective universities already make their educations free for many undergraduates.
The MOOCs charged money because they failed to solicit donations.
> Top universities could easily increase their student body 2x or 3x, bringing acceptance rate back up to 15%-20%.
This is true.
> Because what they're selling is not just an education (you can get that at (fill in blank) State)
The thing is, the best state institutions are operated like there are small elite academies within a larger, public body.