Agreed. If they thought it would put them out of business, would they do it? It makes more sense to ask if it will put community colleges out of business.

Online education has existed for at least 10 years, and in recent years community colleges have been unable to keep up with enrollment. California community colleges are so over enrolled they wanted to start charging more money for popular classes. If college were entirely about static material such as readings and lectures libraries with video tapes and textbooks would have put them out of business decades ago. Most people need help understanding the material and apparently benefit from personal interaction. Finally many physical sciences and engineering labs are impossible to conduct outside of the setting of university of college.

Would you like the next surgeon you visit to have a certificate on his wall from YouTube Medical School.