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That's why they do it. Nobody is going to turn down a place at MIT/Stanford/Caltech to do the course online and even if they did there are 20 other candidates.

But they might turn down a place at UVa to do the courses at @MIT - get a cert and spend the $50K they saved on a startup.

This free market increases MIT/Stanford's reputation, it hits 2nd tier state-U and totally destroys the online market for Phoenix University type places.



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