From Leef: The Spirit of Adam Smith Returns - At one time, professors were independent contractors paid by students; that relationship may return:
It is a bad habit Americans have gotten into that we often look askance
at learning opportunities unless they’re “for credit.” The return of the
free market in higher education will help break that habit, as people
again learn for the sake of learning (as Adam Smith’s students did) and
stop taking courses just because they need some credits.
Perhaps the new competition will end up determining who wants to learn things, and who just wants the credential.
Related: MOOCs, MOCCs, and HarvardX