07-17-2021, 09:22 PM
I guess this could be a big deal
What the edX Acquisition Means for the Future of Higher Education (hbr.org)
What the edX Acquisition Means for the Future of Higher Education (hbr.org)
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2U Buys edX
2U Buys edX
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2U Buys edX
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07-17-2021, 09:45 PM
I'm not someone jumping for joy over this. i actually think it's kind of disappointing. I really liked that edX was owned by colleges/universities. Now it will just become a profit center for another tech company.
07-18-2021, 08:23 PM
(07-17-2021, 09:45 PM)ss20ts Wrote: I'm not someone jumping for joy over this. i actually think it's kind of disappointing. I really liked that edX was owned by colleges/universities. Now it will just become a profit center for another tech company.I agree. While I think edx continued to fail to deliver on some of their aspirations(like the micro bachelor program) I did like the idea of a edX being owned/run by mit/Harvard as a non profit.
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07-19-2021, 10:40 AM
Coursera is for-profit and still allows the schools to have autonomy in designing their courses. 2U makes canned courses, so I hope they don't plan to give edX member schools canned courses.
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07-19-2021, 11:32 AM
One thing that set edX apart from Coursera was that it was owned by MIT/Harvard. There are certificate programs on edX that allow you to transfer into graduate programs at several hard to get into schools like MIT and RIT. I was looking at the PM cert from RIT on edX because if I get a B in the cert then I can get into the pm grad program at RIT. Now with this sale I will wait awhile and see what happens. I'm not ready to jump in that's for sure.
07-20-2021, 09:54 PM
Dhawal Shah at Class Central has a good analysis of this: https://www.classcentral.com/report/2u-e...-analysis/
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07-21-2021, 09:42 AM
(07-20-2021, 09:54 PM)SteveFoerster Wrote: Dhawal Shah at Class Central has a good analysis of this: https://www.classcentral.com/report/2u-e...-analysis/ He brings up many excellent points. One that really has my head spinning is that the $800 million is tax free and part of it will launch MIT's new online platform which again is a non-profit so no taxes once again. $800 million to Harvard and MIT....tax free.....Both have endowments in the multiple billions.
07-24-2021, 01:02 PM
(07-21-2021, 09:42 AM)ss20ts Wrote:(07-20-2021, 09:54 PM)SteveFoerster Wrote: Dhawal Shah at Class Central has a good analysis of this: https://www.classcentral.com/report/2u-e...-analysis/ I have no problem with that at all. Being non-profit is not at all the same thing as not accumulating resources to take on big projects.
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11-18-2021, 11:57 AM
The 2U purchase of edX is now complete. This is an article on the purchase process as well as what's next.
https://www.insidehighered.com/news/2021...e-platform
11-26-2021, 03:06 PM
Here's more background on the sale but also some additional info on where the CEO of 2U wants to take it in the future.
With purchase of edX, online higher ed company 2U bets big on power of a brand - The Washington Post |
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