Comments on: John Robb on “The Education Bubble” and the Opportunities Provided http://www.openeducation.net/2009/01/29/john-robb-on-the-education-bubble-and-the-opportunities-provided/ Free Education for All Fri, 13 May 2011 00:38:09 +0000 hourly 1 http://wordpress.org/?v=3.0.4 By: joseph thibault http://www.openeducation.net/2009/01/29/john-robb-on-the-education-bubble-and-the-opportunities-provided/#comment-6301 joseph thibault Fri, 30 Jan 2009 15:57:26 +0000 http://www.openeducation.net/?p=1337#comment-6301 Awesome article. This makes me really think about the value of credits, one of the widgets that contribute to the end product: graduation. The disparity of credit cost across colleges says a lot about the "value" of education. For a lot of schools it seems that they just pick a high price and run with it...can they really justify the breakdown? I work for a company that gets credits for online courses from 2 colleges currently. They are fully accredited. From one the credits are 50 bucks. The other sells us their credits for 92 dollars. Granted this cost covers only the approval of courses and the administrative process of providing transcripts to the students and not the full course cost. But paired with online content it helps us keeps costs much much lower. If Harvard sold us credits for 50 bucks (and maintained control over content and faculty as our partners do now) the end result would be much the same: high quality and much lower prices. I'm on board with the bubble theory. Though that only makes our financial future that much more grim. Awesome article. This makes me really think about the value of credits, one of the widgets that contribute to the end product: graduation. The disparity of credit cost across colleges says a lot about the “value” of education. For a lot of schools it seems that they just pick a high price and run with it…can they really justify the breakdown?

I work for a company that gets credits for online courses from 2 colleges currently. They are fully accredited. From one the credits are 50 bucks. The other sells us their credits for 92 dollars. Granted this cost covers only the approval of courses and the administrative process of providing transcripts to the students and not the full course cost. But paired with online content it helps us keeps costs much much lower. If Harvard sold us credits for 50 bucks (and maintained control over content and faculty as our partners do now) the end result would be much the same: high quality and much lower prices.

I’m on board with the bubble theory. Though that only makes our financial future that much more grim.

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