Do Online Educational Badges Threaten Conventional Education Models?
An anonymous reader writes "Educational badges, which seem like a playful riff on Boy Scout skill patches, pose an existential crisis for colleges and universities. If students can collect credentials from MITx and Khan Academy and other free Web sites, why go to a campus?"
because if you go to a campus, then your education costs will increase. that means you need to take out a bigger student loan. this, in turn, means that some hedge fund or investment bank can resell your student loan to someone else, take a huge profit, and retire to Fiji.
what you need to understand, is that all of those perks of on campus life are very important to the economy of Fiji.
I did a similar study myself last New Year's. I'll be writing a peer-reviewed Facebook post on it. It's called "How much Johnnie Walker Black do I need to drink to sleep through the idiots setting off M-80s in the street out in front of my house?" The results were inconclusive.
Random Thoughts From A Diseased Mind (Not For Dummies)