This chapter focuses on understanding how the value of student learning and the student learning experience could be improved given pertinent environmental and academic constraints of an e-learning case. Believing that a better understanding of student behaviour might help course design, the chapter revisits the outcomes of two studies of e-learning and analyses them further using a framework which conceptualises the value of e-learning from a stakeholder perspective. The main objective of the chapter is to identify some of the important issues and trends related to the perceived e-learning value. The analysis of the emerging and future trends indicates that in the future blending of e-learning and face-toface learning is likely to occur not only along the pedagogical, but also along the technological and the organizational dimensions of e-learning. Therefore, new blended learning and teaching models should emphasise further the alignment of learning with work/life balance.