MOOC Wave #2 Coming?

(3/13/2015) When several ivy league universities like Harvard, Stanford and MIT jumped into the MOOC (Massive Open Online Courses) bandwagon three years ago, many predicted that our traditional college systems can be in trouble. But the impact is not that big, so far. Today, the New Work Times has an article arguing that the technology and online education ecosystem is not there yet now, but it may come soon.

I think I agree with the author on the point that the technology and online education ecosystem is not there yet now. But I don't think an "Open Badge" can change the tide at all, at best, it generates some ripples. The real problem for students finishing an official degree through MOOC is the "advising process" that will accompany students in their course selection and scheduling. That is, if someone is interested to claim (s)he earns an Business Analytics degrees, there should be one or several curriculums that guiding students through this process. The curriculums have come from some well recognized associations. For example, for the business school, AACSB (The Association to Advance Collegiate Schools of Business) can be one of such organization to set up such curriculums for various business degrees. Without such a supporting system, not many self-motivated students will be able to figure out the path.