> There is one other thing you could be referring to that the online materials can't give you, namely in person instruction and feedback
It's the labs and the projects. Especially for engineering degrees, a good part of learning comes from shipping projects. I think it's where "everyone doing MOOC" falls short.
True, this is one thing that online course materials can't give you. But I also don't think a school like MIT has any real advantage in this respect over other schools. At least, not if the labs I had there are any indication; the materials we were given to work with were just as half-baked as anywhere else.
