What makes all the difference in the world now compared to the jaw-dropping prices in '81 is we have alternative education options. There were virtually no other paths to career success 30 years ago... heck... 15 years ago! A traditional path towards a degree was the only way to assure a positive career outlook.
I don't think MOOCs are the panacea, but all types of learning resources (books, classes, organizations, events, people) are all more accessible. The entrepreneurial approach to learning.
Hosted by co-founder/ceo at Classana Will Lucas, the podcast features Y Combinator partner Michael Seibel, Erin Teague Director of Product at Yahoo, Makinde Adeagbo Engineering Manager at Pinterest, Charles Hudson VC at SoftTech VC, Semil Shah of Haystack Fund, and many others.
It's hard to believe credible venture institutions would be upset by these moves. I can't speak on specific deep-pocketed VCs who offer nothing more than cash -- which is not what most startups need. However, firms that offer nothing more have their fodder here to complain here as they'll have to rely on real value also to keep them in play. They'll be forced to step it up. Reminds me of Jay Z's quotes on sports agents:
I don't think MOOCs are the panacea, but all types of learning resources (books, classes, organizations, events, people) are all more accessible. The entrepreneurial approach to learning.