MOOCs – The revolution has begun, says Moody’s: The Rich get Richer
Moody’s is joining with others predicting that MOOCs will damage smaller schools and will benefit the largest universities. Sounds like a form of the MOOCopalypse. Interesting that they see the elites as doing well under MOOCs — the rich get richer.
A new report by Moody’s Investors Service suggests that while MOOCs’ exploitation of expanded collaborative networks and technological innovation will benefit higher education in the United States as a whole, their long-term effect on the for-profit sector and smaller not-for-profit institutions could be damaging.
The report suggests that institutions with the strongest brand identities will experience the most positive credit impacts from the new platform, although it predicts national universities will benefit more than those with a global presence.