This article assesses the argument that on-line education will revolutionize institutions of higher learning by early in the next century. Pros and cons of on-line education are examined. The budgetary implications of on-line education are discussed with reference to six existing models of on-line education. Differences between corporate training and university education are highlighted with regard to on-line education. The conclusion calls attention to dangers on-line education may pose for traditional academic values.
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