MOOCs Are Going to Make College Even More Expensive

MOOCs are for international talent recruiting, not education at Pacific Standard magazine.

Theme: Higher education and the Legacy Economy.

Subject Article: "How colleges are finding tomorrow's prodigies: American universities are using online courses to discover gifted students in math, science, and the arts. Meet three phenoms from the far corners of the world."

Other Links: 1. "Capturing the world’s emerging middle class: Multinational companies need new “scale at speed” approaches to penetrate the developing world’s increasingly prosperous consumer markets."
2. "Why the United States Will Rule the Legacy Economy."
3. "Are Graduation Rates an Input or an Output?"

Postscript: New Jersey feeds high school graduates to Pennsylvania institutions of higher education. This is a source of considerable anxiety of the brain drain kind. But instead of retention, New Jersey institutions of higher education want to be more like Pennsylvania:

This scholarship is great, but there are a couple of other things we should keep in mind. It’s in the University’s interest to increase enrollment from out-of-state and international students, and yet these students currently make up only 14 percent of the overall student population. The higher tuition from out-of-state students will bring more money to Rutgers, and there could be more of a focus on this oft-forgotten part of the overall student population to increase their enrollment.

Demographically, New Jersey can't support Rutgers. Rutgers must import freshman (i.e. export higher education). MOOCs are a good way to do that and will allow Rutgers to collect more tuition dollars.