Two of the most visible and important trends in higher education
today are its exploding costs and the rapid expansion of online
learning. Could the growth in online courses slow the rising cost
of college and help solve the crisis of affordability? In this
short and incisive book, William G. Bowen, one of the foremost
experts on the intersection of education and economics, explains
why, despite his earlier skepticism, he now believes technology has
the potential to help rein in costs without negatively affecting
student learning. As a former president of Princeton University, an
economist, and author of many books on education, including the
acclaimed bestseller "The Shape of the River," Bowen speaks with
unique expertise on the subject.
Surveying the dizzying array of new technology-based teaching
and learning initiatives, including the highly publicized emergence
of "massive open online courses" (MOOCs), Bowen argues that such
technologies could transform traditional higher education--allowing
it at last to curb rising costs by increasing productivity, while
preserving quality and protecting core values. But the challenges,
which are organizational and philosophical as much as
technological, are daunting. They include providing hard evidence
of whether online education is cost-effective in various settings,
rethinking the governance and decision-making structures of higher
education, and developing customizable technological platforms.
Yet, Bowen remains optimistic that the potential payoff is
great.
Based on the 2012 Tanner Lectures on Human Values, delivered at
Stanford University, the book includes responses from Stanford
president John Hennessy, Harvard University psychologist Howard
Gardner, Columbia University literature professor Andrew Delbanco,
and Coursera cofounder Daphne Koller.
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