Recent developments in media and communication technologies are set to revolutionize the provision of education and training. With modern technology, it is possible to deliver lectures, assignments, tutorials, simulations, and even the contents of the world's best libraries to anyone in possession of a modem and computer. Diminishing funding and overt competition have fostered the development of teaching and learning methods that can reach a wider market and that do not involve expensive commodities such as lecturers or classrooms. This paper looks at the growth of the Internet and development of the educational superhighway and how it will affect the future of traditional higher education. The paper discusses the ability of the educational superhighway to provide "on-demand" service; changes to universities because of the elimination of time and space barriers; choices of modules from different universities all over the world; administration of the virtual university; automated assessment techniques; and changes to the role of the lecturer. The Internet has the potential to revolutionize education and training. There is still a long way to go in building the education superhighway--there are many people throughout the world without telephones, let alone Internet connections. The infrastructure is developing that will provide high-speed affordable access to schools, colleges, and communities. (Contains 14 references.) (Author/SWC)