The old man behind the curtain is now seen clearly by many who have paid all that money for an expensive degree and have joined the great unemployed + debt. Here is how James Carmine sees it.
The costs of getting a post secondary education are going to drop way below what a bricks and mortar university can offer. I think that online Ed will do to the university what Craigslist did to papers.
"Professor Racks are coming: “GeekProfs” whose proprietary classes are stored and launched into the cloud from places like Web Hosting Geeks. The GeekProfs will be independent credentialed professors who use web sites designed for them by professional web designers.
That is what the new much cheaper university classes and majors will look like.
The age of disaggregated courses and majors created and taught by Professors without Buildings is upon us. Web Hosting services will soon house vast numbers of the on-line undergraduate courses that the wandering adjuncts will both own and teach for established Universities who in turn will serve the GeekProfs’ on-line courses as their own curricula. The long-exploited underpaid wandering adjunct professors will become the intellectual mercenaries of the Internet."
My new book - You Don't need a Job" shows how and why this will happen
In time for Christmas I plan to publish - You Don't Need a Teacher that will focus on the revolution in Education