Kasanoff and Hinshaw disruption 3 of 7

Cut prices 90 percent (or more) (Kasanoff and Hinshaw).

I can't imagine what would happen if the sector's income was reduced by 90%, but how is this for a model? Make all courses Moodle courses. Make all courses open to a highly streamlined and free sub-enrollment process. If a student engages fully and submits satisfactory assignments, then they can be enrolled retrospectively and when they pay the fee their study points are recorded and accrue towards their qualification. All lectures, online or offline, are simply open. A popular model for start-ups is first to drive traffic and second to look for ways to generate income from that traffic. Of course a lot of start-ups fail, and maybe that failure rate is something that isn't in anybody's model for educational courses. But actually, why not? Look, I'm not actually proposing these ideas be adopted. They're too wacko, I'm aware of that. I'm just exploring ideas, using the ideas as objects to think with.