[caption id="attachment_116729" align="alignleft" width="150"] A stamp of approval from the American Council on Education could enhance the value of MOOCs.[/caption]

The American Council on Education, a nonprofit organization that represents most of the nation's college and university presidents, is preparing to weigh in on massive open online courses—MOOCs, for short—a new way of teaching and learning that has taken higher education by storm in recent months.

A stamp of approval from the organization could enhance the value of MOOCs to universities and lead to lower tuition costs for students, who could earn credit toward...

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