The problem with MOOC's is that there is no incentives to complete a single course at this time. There needs to a curriculum towards some kind of accredited certification that employers will notice
That is only if your motivation for taking courses is external. I have taken and completed several MOOC’s because I want to learn more about different subjects, not because I want a certification. However having the diplomas from several courses do help when applying for jobs since it tell that you are interested in improving yourself and learning more.
Exactly. Online education in general is going to see these terrible course completion metrics improve dramatically the better certification they can offer, imo.
Accreditation is double-edged sword. Many awful providers of educational value are accredited and the requirements of accreditation often inhibit innovation in educational models.