Here’s the rub ultimately for online college [Thread]

Colleges many times justify high tuition with,“You’re not just getting an education, you’re getting the [insert college] experience.”

So if that experience is mostly removed, but costs the same, which is it?

If tuition doesn’t drop, universities are basically admitting their experience is fluff. If they do drop, they’ll be signaling the “real” price of an education.

ROI for coursework is a lot easier to quantify than ROI on “experiences,” leading many parents and students to be (rightfully) skeptical of high tuition costs.

The university system is carefully designed to fend off institutional innovation, and we all know how that has worked out for other industries over time.

Disruption is coming, and before schools are able to sell experiences again they’ll have to answer some tough questions.