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by ghaff
4690 days ago
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I think you'd be surprised. If you look at the stats, there's a lot of professional-level (BS/Masters/PhD degree holders) as well as a lot of students from (broadly) the developing world. I'd submit that both those groups are probably pretty price sensitive--especially the latter, many of which don't even have credit cards in many cases. Would "adult ed" students be willing to pay some nominal amount--say $25-$50 for a course? Probably yes in some cases but remember the pricing discussions that take place here all the time. Getting from free to paid (in any amount) is a big barrier to get people over. Arguably the case would be different in certifications actually meant something. After all, people and their companies spend lots of $$ on various software certifications. But that's a whole other topic. |
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As for the pricing question, the price of a can of coca-cola isn't the same in the U.S. as it is in Sudan. Once these MOOCS establish a brand, it will be easy for them to adjusts their prices to maximize profits.