Li Yuan and Stephen Powell from JISC CETIS have written an interesting white paper on MOOCs and Open Education. The goal of the authors is to help decision makers in higher education institutions gain a better understanding of MOOCs and trends towards greater openness and the implications for their institutions.
Although the paper is focused on UK institutions this is als for others an interesting read. They raise a lot of interesting questions, issues and challenges.
I fully support their conclusions:
Open education brings new opportunities for innovation in higher education that will allow institutions and academics to explore new online learning models and innovative practices in teaching and learning. At a national and international level, new frameworks for HE funding structures, quality insurance and accreditation to support different approaches and models for delivering higher education will be required. Policy makers will need to embrace openness and make education more affordable and accessible for all and at the same time be profitable for the institutions in an open higher education ecosystem.