The market for online courses and degrees has continued to grow in recent years in spite of an overall slowdown in the growth of Internet-related industries. Who will control the new market for online courses and degrees - universities or corporations, or will a division of labor emerge between the two? What are the advantages of universities and corporations in this new market, and what are their liabilities? Will widely-endorsed models of "blended" online learning, which require some face-to-face interaction, become the norm, or will most courses substitute chat rooms and bulletin boards...