From Davos 2013: Higher ed monopoly is over, university leaders agree


Dive Summary:

  • From Davos 2013, the annual world economic forum in Davos, Switzerland: the consensus amongst the leading voices in higher ed is that massive open online courses (MOOCs) are here to stay and the long-time university-held monopoly is over. 
  • Many experts agree we have reached a turning point in higher education: the presidents of Harvard, MIT and Stanford declared that MOOC experimentation will lead to radical disruption of the higher ed space sooner rather than later while one expert predicted many universities will soon be bankrupt and another projected there may only be ten elite universities that can survive the disruption.
  • Thomas L. Friedman, the Pulitzer Prize-winning writer for the New York Times, noted that one MOOC that MIT offers has upwards of 150,000 students, which is more than the total number of graduates MIT has produced in its whole history.

From the article:

"... Nothing is as powerful as an idea whose time has come.

It's happening right now. We may even remember this week as the turning point. If there is one issue that is buzzing through Davos like a prairie fire among thoughtful people, it's that the time has finally come to reinvent higher learning. ..."

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  • Photo credit:
  • Ryan Willumson