Now, apparently, after cheer-leading the "transformative" nature of online education for years, someone at Forbes has finally figured this out as well. I don't necessarily agree with all of his reasoning, but the basic notion - that college is about more than a narrowly-defined "education" in terms of mastering facts and skills, but is an experience - is sound. The money quote:
There’s no college-education ‘bubble’ forming simply because teens go to college with an eye on a fun four years, after which they hope the school they attend will open doors for a good job. Online education only offers learning that the markets don’t desire, and because it does, its presumed merits are greatly oversold. There’s your ‘bubble.’I'll leave my readers (all three of you) to read the rest.