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'Place-based colleges' are good for parties, but are becoming less crucial for learning thanks to the Internet, said the Microsoft founder Bill Gates at a conference on Friday.



"Five years from now on the Web for free you'll be able to find the best lectures in the world. It will be better than any single university," he argued at the Techonomy conference in Lake Tahoe, Calif. "College, except for the parties, needs to be less place-based."

An attendee captured the remarks with a shaky hand-held camera and posted the clip on YouTube.

To read the full, original article click on this link: Bill Gates Predicts Technology Will Make 'Place-Based' Colleges Less Important in 5 Years - Wired Campus - The Chronicle of Higher Education

Author: Jeff Young