HIGHER EDUCATION BUBBLE UPDATE: Is The MOOC Hype Dying?

Thrun’s change of focus may not be as big a shift as it appears on its face. It’s been apparent from the beginning that the format is better suited for some subjects than others. Math, science and business are easier to teach online than liberal-arts subjects like English and philosophy that rely more heavily on in-class discussions. And while a liberal arts education remains a good option for many people, the vast majority of American college students are choosing majors that are tightly linked to future careers: only 7 percent of all students major in the humanities. On the other hand, subjects like business, science, nursing and computer science are among the most common majors in the country. Even if MOOCs only impact the “vocational” side of the higher-ed world, this still amounts to a pretty sizable chunk of the industry.

Furthermore, while MOOCs as they’re currently offered may not be enough to upend the higher-ed system on their own, there’s lots of promise for “blended” courses in which the online material is supplemented by regular meetings with teachers or tutors who lead discussions and proctor exams. These meetings could be handled remotely using teleconferencing technology, or they could be done in person at local testing centers, in either case adding that human component that remains the weakest link in how these courses are offered today.

Whether this hybrid form comes from initiatives like Udacity’s partnership with Georgia Tech, or whether a lithe startup spawns the capabilities to facilitate a truly next-generation university is an open question. But the opportunity is there. There is plenty of room to disrupt how higher ed is delivered to students today.

If you value a liberal arts education, you should hope that there’s a way to deliver it for less than six figures.