The Economics of Online Postsecondary Education: MOOCs, Nonselective Education, and Highly Selective Education
成果类型：
Article; Proceedings Paper
署名作者：
Hoxby, Caroline M.
署名单位：
Stanford University
刊物名称：
AMERICAN ECONOMIC REVIEW
ISSN/ISSBN：
0002-8282
DOI：
10.1257/aer.104.5.528
发表日期：
2014
页码：
528-533
关键词：
摘要：
I describe the two extremes of traditional American postsecondary education (PE): nonselective (NSPE) and highly selective (HSPE). I explain the logic of each and why each is economically sustainable. This focus on the extremes is without much loss of generality because other PE is, essentially, a weighted average of the two. To keep the economics clear, I focus on undergraduate education. 1 Having explained the economics of the two extreme models, I assess how each could incorporate online PE in a financially sustainable way. I explicitly assess massive online open courses (MOOCs) but also consider different models of online PE.
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