Competition for the college degree?
11/4/2012: Obviously there's lots of competition between universities for students. Some of it is based on the consumption value of the "college experience" and some on the employment value of the degrees we issue them. There are some fairly attractive alternatives to the "college experience" - travel the world, be a ski bum, etc. But for most smart 18 year olds there are no good alternatives to the college degree part of college. The MOOC's are one possibility, this NYC article discusses that and what is to me a more promising alternative - badges based on crowdsourced feedback.