Btw it seems they found a solution to some of the problems faced by MOOCs. Lower the drop-out rate by introducing an entry barrier. And also restict the class size to reach a manageable amount for actual class-like experience. Also, offer an ACTUAL degree, thus providing incentive to students to carry on with the program.
So its exactly the same as a traditional distance course then?
In what way does this solve any of the problems of MOOCs? (And I question whether MOOCs should even look at drop-out rates as a failure, but thats another rant)
Its not "massive" by any stretches of the imagination. It just happens to be an online course. I welcome the age of online degrees and I hope the trend continues and that they can scale it to become 'massive' in the future without damaging the prestige of the degree. But they have a way to go yet.