Campaign for the Future of Higher Ed says “follow the money”

Promoters of MOOCs and online courses make big promises about the value of this latest trend in higher education. Going online will, we are told, expand access to higher education and reduce its costs for just about everyone.

Behind these big promises, however, lie some harsh realities.

To foster a fuller, more honest discussion about MOOCs, the frenzied rush to online, and the future of America’s colleges and universities, the Campaign for the Future of Higher Education releases tomorrow the first of three working papers.

“The ‘Promises’ of Online Higher Education” series looks behind the sales pitches to uncover key facts about access to, costs of, and profits in online higher education.

“The ‘Promises’ of Online Higher Education: Profits,” the first in the series “follows the money” in online higher education. With all the focus on access and cost savings, it uncovers one overpowering truth about online higher education rarely mentioned: it is big—Very Big—business.

According to an advance overview of the paper, “Only by looking at who is making money, how much, in what ways, and with whose assistance can we assess the motivations behind and the full ‘value’ of the seemingly endless stream of technologically-related innovations in higher education.”

The paper goes public tomorrow in sync with a national phone call with the news media by CFHE member-group spokespeople, including CFA President Lillian Taiz.  Faculty members are welcome to listen in to the call.

See it on the CFHE web site and follow it on Twitter #FutureofHE