Having taken online classes, I can say that they are no replacement for being in a classroom and having interaction with a teacher and classmates.
It would be a shame to see all education move online for purely cost reasons.
It would be a shame to see all education move online for purely cost reasons.
"If I were founding a university--and I say it with all the seriousness of which I am capable--I would found first a smoking room; then when I had a little more money in hand I would found a dormitory; then after that, or more probably with it, a decent reading room and a library. After that, if I still had money over that I couldn't use, I would hire a professor and get some text books."
However, all memory based knowledge can all go online. Also, video and audio of lectures, homework assignments, etc. Much like MIT opencourse, UC Berkeley webcast.