djm comments on College courses versus LessWrong - Less Wrong Discussion
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Personally I have always chosen the self learning path, only going to college to obtain the 'proof' for work requirements but have been very impressed with the recent MOOC offerings (e.g. Machine Learning, Model Thinking). The format is very flexible and works well for people who like the self learning path.
This is a valid point, but each individual has different levels of understanding prior to starting, yet the content usually covers all grounding material meaning that many people end up with boring subjects.