http://www.theage.com.au/national/education/free-courses-from-worlds-top-unis-a-swipe-away-in-online-revolution-20120811-241i5.html
Some interesting issues here.
On the surface it seems the practical difference between the freely accessible content and a degree is the assessment.
An opportune time to ponder how tertiary study is assessed? How do presumptive grading curves fit into this.
Is there scope for 'assessment only' offerings - akin to (mainly TAFE level) providers that conduct RPL/RCC evaluations?
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