The Trajectories of the Fourth Estate and Instructional Media

But the comparison to the music and news industries tends to understate the degree to which individual learners are restricted from seeking out and assembling educational experiences according to their own criteria. Whereas consumers of music and journalism are free to make up their own minds as to what constitutes good value, what constitutes "educated" is defined by social conventions, regulatory and loan systems, and, of course, employers. Determinations of what constitutes good value in education can’t be made unilaterally. New and more flexible forms of credentials will continue to become more widely accepted, but the processes of disintermediation and unbundling will unfold far more slowly than in other sectors.

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