In part I of this series, How a course-rich world might impact higher education: I. Technology vs pedagogy, I looked at some of the characteristics of the readily-available new college level courses (NCLCs) that have created a course-rich world. In this post, I discuss using this new course-rich resource to create new institutions using higher education business models that are radically different from the faculty-centric model that is traditional in higher education.
In these new models few, if any, traditional, permanent faculty are needed to produce the educational product, which is provided primarily by the NCLCs. Social media increasingly is used to both improve learning and create peer relationships. Examples of such models can be found among the many organizations trying to provide essentially free degrees (e.g. University of the People), parts of typical degrees such as the first two years (e.g. StraighterLine), and lower-cost degrees (e.g. WGU).