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Why The Internet Isn't Going To End College As We Know It

from The Atlantic

July 5, 2012: The idea that the Internet is about to do to college what it's done to journalism and entertainment seems to be coming dangerously close to conventional wisdom in certain elite circles. There is no question that the Web will change the way people learn. And the increasing cost of college is a public policy problem that we desperately need to solve. But the Web simply is not about to end higher education as we know it. New innovations don't disrupt old industries by merely competing with them. They do it by cutting into their source of revenue. As George Washington University's David Karpf has noted, if the Internet is to conquer higher education, it needs to hit colleges in the pocket book. And so far, there's no sign of that happening. more

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