College Degrees versus Free Online Courses

Abstract

Abstract

        This academic paper deals with three types of education: formal, informal and nonformal. The major components of these three types were discussed, mainly on the host or provider, curriculum, instruction, learning modes, learning outcomes, assessment or evaluation, and certification. The author discussed all these components in the light of the necessity of college degrees and the impact of free online courses. The paper was concluded with the author’s reflection upon current demands for specific types of education with specific competency desired by the job market and areas of work.

 Keywords: Formal education, informal education, nonformal education, university degrees, online courses