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Future Club // Perspectives #8

Are Traditional Universities Becoming Obsolete in the Age of Online Learning?

As online learning platforms proliferate and technology advances, the question arises: Are traditional universities becoming obsolete in the age of online learning? Online education offers flexibility, accessibility, and significant cost savings compared to traditional universities, where average annual tuition can exceed $37,600. With EdTech raising over $16 billion in venture capital in 2023 alone, will online education transform higher learning, or do traditional universities still hold indispensable value?

Three // Perspectives: 

  1. Anant Agarwal : Universities lack the personalisation and flexiblity online courses provide

    Anant Agarwal, CEO of the online learning platform edX that was founded by Harvard and MIT and sold for $800m in 2021, argues that traditional universities are increasingly becoming obsolete. He emphasizes that online learning platforms offer flexible, affordable, and accessible education that can be tailored to individual needs. Agarwal points out that online courses can be updated rapidly to reflect the latest developments in various fields, something that traditional universities struggle with due to bureaucratic processes. Additionally, the ability to reach a global audience means that quality education is no longer confined to the privileged few who can afford to attend prestigious universities.

    Read: Democratising education for all

  2. Clayton Christensen: Universities Must Adapt to the Disruption of Online Learning

    Clayton M. Christensen, a Harvard Business School professor and author of the influential book "Disruptive Innovation," views online learning as a disruptive force in higher education. Online learning caters to students seeking a more flexible and potentially lower-cost alternative to traditional universities. Christensen argues that universities must adapt to this disruption by innovating their own online offerings. However, he also sees a path for universities to thrive. By focusing on the unique value proposition they offer, such as fostering a vibrant campus community, personalized mentorship, and high-touch learning experiences, universities can coexist and even collaborate with online learning platforms in the evolving educational landscape.

    Book: disrupting class - how disruptive innovation will change the way the world learns

  3. Noam Chomsky: Education is not just about transfering knowledge, it's about engaging students in a broader societal and social context.

    Noam Chomsky argues that traditional universities remain indispensable and that online learning cannot replace the depth of education and critical thinking fostered in traditional settings. Chomsky emphasizes that universities are not just about transferring information but about engaging students in a broader intellectual and social context. He cautions against the commodification of education, stressing that the university’s role in fostering intellectual growth, critical thinking, and societal progress is irreplaceable. According to Chomsky, the mentorship, collaborative research, and rich campus culture provided by traditional universities are crucial elements that online platforms lack.

Watch: The purpose of education


Noteworthy concepts:

  • MOOCs (Massive Open Online Courses): Online courses designed for large-scale participation, offering free or low-cost education to a global audience, with platforms like Coursera and edX leading the way.

  • Blended Learning: An educational approach that combines online digital media with traditional face-to-face classroom methods, creating a hybrid learning experience.

  • EdTech (Educational Technology): The use of technology in education to improve learning and teaching, encompassing tools like learning management systems, virtual classrooms, and educational software.

  • Microcredentials: Short, focused credentials that demonstrate competency in a specific skill or area, often earned through online courses and recognized by employers.

  • Flipped Classroom: An instructional strategy where traditional lecture and homework elements are reversed; students watch lectures at home and engage in interactive activities in the classroom.

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