The Economics of Online Postsecondary Education: MOOCs, Nonselective Education, and Highly Selective Education
分析了大规模开放在线课程（MOOC）的经济可持续性，认为其能替代部分非选拔性教育，但可能破坏高度选拔性教育机构的经济模式，并提出了非MOOC的在线教育替代方案。
I consider economically sustainable online postsecondary education, including massive open online courses (MOOCs). The analysis suggests that MOOCs will be financially sustainable substitutes for some non-selective postsecondary education, but there are substantial risks. The analysis suggests that MOOCs will be financially sustainable substitutes for only a small share of highly selective postsecondary education (HSPE) and are likely to collapse the economic model that allows HSPE institutions to invest in advanced education and research. I outline a non-MOOC model of online education that may allow HSPE institutions to sustain their distinctive activities and to reach a larger number of students.