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Sunday, January 27, 2013

‘Irrational exuberance’ over MOOCs

‘Irrational exuberance’ over MOOCs:


‘Irrational exuberance’ over MOOCs

(by Katherine Frey - The Washington Post)
(by Katherine Frey – The Washington Post)
Conversations about higher education these days always find their way to MOOCS, otherwise known as Massive Open Online Courses that some think will revolutionize higher education. Here’s an argument that they won’t by Larry Cuban, a high school social studies teacher for 14 years, a district superintendent (seven years in Arlington, VA), and professor emeritus of education at Stanford University, where he has taught for more than 20 years. His latest book is “As Good As It Gets: What School Reform Brought to Austin.” This appeared on his blog.
By Larry Cuban
Federal Reserve Board Chairman Alan Greenspan said in 1996 that the high-flying stock market was an instance of “irrational exuberance.”
Nearly two decades later, were he so inclined  to inspect the swift expansion of elite