During the past few years, cloud computing has become a key IT buzzword. Although the definition of cloud computing is still "Cloudy", the trade press and bloggers label many vendors as cloud computing vendors and report on their services and issues. This paper discusses the use of cloud computing in the educational and learning arena, to be called "Education and Learning as a Service" (ELaaS), emphasizing its possible benefits and offerings. It is envisioned that, in the near future, cloud computing will have a significant impact on the educational and learning environment, enabling their own users (i.e. learners, instructors, and administrators) to perform their tasks effectively with less cost by utilizing the available cloud-based applications offered by the cloud service providers.