Marketplace®

Daily business news and economic stories
May 3, 2012

Marketplace Tech Report for Thursday, May 3, 2012

Venerable educational institutions like Harvard and MIT are giving away education online for free in a new partnership called Ed X. Classes start in the fall — online. Students do five to 10 minute videos, interlaced with online exercises that give instant feedback. There’s no emails — it’s all browser-based and online. And at the end, if you master a subject, you get a Certificate of Mastery. Which is neat but not quite a Ph.D or anything anyone’s ever heard of. So what good is it?

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Venerable educational institutions like Harvard and MIT are giving away education online for free in a new partnership called Ed X. Classes start in the fall — online. Students do five to 10 minute videos, interlaced with online exercises that give instant feedback. There’s no emails — it’s all browser-based and online. And at the end, if you master a subject, you get a Certificate of Mastery. Which is neat but not quite a Ph.D or anything anyone’s ever heard of. So what good is it?