The internet has helped the world progress to many different heights in a variety of aspects. But to call it one of “the most important education technology in 200 years” seems a bit of stretch to me.
We all know how expensive education is and I doubt Online Education will disrupt this highly profitable business.
Perhaps I just can’t see the big picture, but I see the Online education as a great tool to help you learn while you are still studying in school. They’re almost a substitute for tutoring. However, the traditional education model will always be more effective because employers are still relying on degrees/certificates from well renowned institutions.
In the end, I don’t see, at this point, traditional learning institutions being hard hit by a few online courses. As a university student, I should know that you don’t pay for the education. You pay for the credibility of the university.