It is predicted that there will be three basic types of universities in the future - "brick universities," or traditional residential institutions; "click universities," or new, often commercial virtual universities; and "brick and click universities," a combination of the two. Current research suggests that the most competitive higher-education institutions will be "brick and click." While students appreciate the convenience of on-line education, they also want a physical space where they can interact with scholars and peers, face-to-face.
Source: Levine, A.E., (2000). The future of colleges: Nine inevitable changes. The Chronicle Review, XLVII(9), B10-B11.
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