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Is the Internet the springboard which will take universities into a new age or a threat to their existence? Will dotcom degrees create new opportunities for those previously excluded or lead them into a digital dead-end? From UCLA to Columbia, digital technologies have brought about rapid and sweeping changes in the life of the university.In the first book-length analysis of the meaning of the Internet for the future of higher education, Noble cuts through the rhetorical claims that these developments will bring benefits for all. His analysis shows how university teachers are losing control over what they teach, how they teach, and for what purpose. It shows how erosion of their intellectual property rights makes academic employment ever less secure. The academic workforce is reconfigured as administrators claim ownership of the course-designs and teaching materials developed by faculty, and try to lower labor costs in the marketing and delivery of courses.Noble locates recent developments within a longer-term historical perspective, drawing out parallels between Internet education and the correspondence course movement of the early decades of the twentieth century. This timely work by the foremost commentator of the social meaning of digital education is essential reading for all who are concerned with the future of the academic enterprise.