MOOCs let workers acquire in-demand skills, but do they help companies build an agile workforce?
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New MOOC-based master’s degrees from Georgia Tech, MIT, and Illinois are significantly cheaper than on-campus degrees
The Massachusetts Institute of Technology announced yesterday a far-reaching financial aid program that will make it possible for nearly a third of MIT undergraduate students to have their tuition charges completely covered. According to the program, which will take effect in the 2008-2009 academic year, MIT will be tuition-free for families earning less than US $75,000 a year. MIT will also provide grants to those students to cover expenses beyond tuition, helping them graduate free from loan debts. The MIT move follows a major financial aid plan announced by Harvard late last year. …