"The cost of education is going up. And we think that the online tools are going to allow people, including us, to do it - not just at a lower monetary cost -  but at a lower time cost as well," says Alex Tabarrok, professor of Economics at George Mason University. 

Tabarrok has helped launch a new online university called Marginal Revolution University (MRU).

Reason TV's Nick Gillespie talks with Alex about the future of online education at MRU.

About 4:40 minutes.

Produced by Amanda Winkler. Camera by Meredith Bragg and Jim Epstein

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