MOOCs represent the latest stage in the evolution of open educational resources. First was open access to course content, and then access to free online courses. Accredited institutions are now accepting MOOCs as well as free courses and experiential learning as partial credittoward a degree. The next disruptor will likely mark a tipping point: an entirely free online curriculum leading to a degree from an accredited institution. With this new business model, students might still have to pay to certify their credentials, but not for the process leading to their acquisition. If free access to a degree-granting curriculum were to occur, the business model of higher education would dramatically and irreversibly change. As Nathan Harden ominously noted, "recent history shows us that the internet is a great destroyer of any traditional business that relies on the sale of information."1
More: The MOOC Model: Challenging Traditional Education (EDUCAUSE Review) | EDUCAUSE.edu
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