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A new form accreditation is really what's holding back a huge change in higher education. MOOCs right now, at most, can replace only traditional professional development classes. They're still not a drop-in replacement for college degrees. That's because of accreditation. Bachelors degrees are valuable, in large part, because they're a common currency: employers know when they see a potential hire has bachelor's degree, he/she at least spent four years learning at a high level and fulfilled some level of competency in his/her chosen major. Right now, there's no way for employers to make similar judgments about people who have obtained their education entirely online, so it's really hard to get a serious job in, say, software development, with just a few Coursera courses on your resumé. In that case, you'd need to build up a portfolio of OSS projects, etc. Whereas a newly-minted bachelor's in CS will get your foot in the door somewhere, even without that extra work to back it up. One approach to accreditation/evaluation are domain-specific exams, like the Boards in medicine or the Bar in law. But just passing an exam doesn't necessarily communicate the same thing as a degree, and thus doesn't really solve the problem. There are also, no doubt, disciplines not well suited to this form of accreditation. This approach (Alyxandria) seems more focused on accrediting courses (which solves the same problem) and does it by peer-reviewing those courses, which I think is a very interesting, credible, and scalable approach. Right now, LinkedIn might be the closest competitor out there to this. They offer a form of peer-review for one's skills with their endorsement feature. Another company that was trying to tackle this problem is Accredible[1], but it seems they've now pivoted to include many more features than peer accreditation — perhaps at its expense. It'll be really cool to see how this problem is solved in the long run. I think "accrediting" individuals, rather than institutions or classes that individuals can then take, will be the winning strategy, as education becomes increasingly unbundled. That is, if articles, YouTube videos, etc. are to be considered legitimate tools of learning in the future, as college classes are today, then accreditation of individuals will be the only sensible approach. [1]: http://www.accredible.com |
MOOCs are new and exciting, but they're also new and unproven. Accredited bachelor degrees are valued because they have a long history of delivering value. MOOCs do not.