The Star Alliance model of higher education
I read a great piece, Jailbreaking the Degree, in TechCrunch the other day (courtesy of Meetali Mukherjee).
In essence the author — @davidblake, founder of Degreed — makes the point that a university degree continues to be the most meaningful ‘unit’ of education in the eyes of employers, notwithstanding its inherent inefficiencies (e.g. compulsion to study courses irrelevant to one’s interests or, indeed, those of a prospective employer), yet it need not be so, or at least not in its present form. Sadly, online education providers have yet to make any serious inroads into the higher education monopoly controlled by universities because, as @kevincarey points out, while the business models of these institutions may be different, ‘their product — traditional credentials in the form of a degree — is not’.