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The Perfect Storm is Here!

In chapter three of "Hire Education" Weise and Christensen declare that " with costs spiraling out of control, the gap widening between the academy and the workforce, and existing institutions incapable of reforming their inefficient business models, online competency-based providers are now stepping into the void."

What do you think are the critical functions that online competency-based providers (such as Western Governors University and College for America) are providing differently, better or even that public higher education providers are not providing at all?

Are there lessons to be learned from these models?