Will the rise of higher education in the US and elsewhere be curtailed by the expansion of Massive Open Online Courses (Moocs) that allow people to study digitally rather than attend lectures and classes? Some surprising people think so.
One of them is Rafael Reif, president of the Massachusetts Institute of Technology. He told a panel in Davos organised by the Victor Pinchuk Foundation, that he didn’t think institutions such as MIT could keep charging $40,000 a year for tuition in the digital world. Read more
One of the strongest underlying themes of the fourth Global Peter Drucker Forum isn’t even on the formal agenda: education.
Day one of the two-day Vienna conference – which keeps alive the ideas of the late Austrian-born management writer – began with education. In a video message, Drucker’s 101-year-old widow Doris asked “is a college education still a parent’s best investment?” in a fast-changing world.
It continued with education, as Nobel laureate Dan Shechtman asserted that entrepreneurs are not born, but made – in part through courses like his, which teaches Israeli students to launch and run technology start-ups (Tobias Buck’s FT interview with him explains more). It ended with education: Lynda Gratton of London Business School cited it as one of three key challenges that lie ahead for the global economy (the others being climate change and poverty). Read more