Unique in its diverse cross-section of sources, this review article is a philosophical study towards the future role of online university education. Set within the realistic context of the external forces affecting higher education, it bridges the gap between the perspective of industry and that of higher education. We posit that online education is an opportunity equalizer, positioned to help citizens of lesser developed economies form and upskill to compete in employability with those of developed countries. Both the individuals and the economies of these countries benefit. The purpose of this article is to overview the main factors influencing the ability for higher education to provide this opportunity. Possible challenges are illuminated in the context of the real lived experiences of students. A wide range of sources are canvassed, explaining the external environment within which educational systems and the university exist. Rather than providing answers, this article raises pertinent questions with an understanding of higher education's current state of flux.