Hoxby, Caroline M. - In: American Economic Review 104 (2014) 5, pp. 528-33
I consider economically sustainable online postsecondary education, including massive open online courses (MOOCs). The … analysis suggests that MOOCs will be financially sustainable substitutes for some non-selective postsecondary education, but … share of highly selective postsecondary education (HSPE) and are likely to collapse the economic model that allows HSPE …