Unlike the EdX initiative of Harvard, MIT and Berkeley, I consider this
latest as a very troubling development. Unlike EdX, this seems to be
organized like a corporate rather than a pedagogical initiative. The main
aim seems to be credentialing, and monetizing online course offerings i.e.
making the maximum amount of money possible by selling credits online. And
exactly why do these institutions need that for-profit partner?

Even the announcement reads like a corporate press release: contrary to the
hyped headline, the institutions involved seem respectable, but hardly
elite.


http://www.insidehighered.com/news/2012/11/15/top-tier-universities-band-together-offer-credit-bearing-fully-online-courses

-------------------------snip
Elite Online Courses for Cash and Credit
November 15, 2012 - 11:30am

By Steve Kolowich

A consortium of 10 top-tier universities will soon offer fully online,
credit-bearing undergraduate courses through a partnership with 2U, a
company that facilitates online learning.

Any students enrolled at an “undergraduate experience anywhere in the
world” will be eligible to take the courses, according to Chip Paucek, the
CEO of 2U, which until recently was called 2tor. The first courses are
slated to make their debut in the fall.

[...]

Like 2U’s existing credit-bearing graduate programs — at Georgetown
University, the University of Southern California and elsewhere — the new
undergraduate courses will include a mix of recorded lectures and online
course materials and live, instructor-led, video-based discussion sections.
The sections will aim to mimic a seminar-like environment where students
can look their classmates and instructors in the face and engage with them
directly.

There will be selective admissions criteria for each course, and the
students who enroll will have to pay. The universities, not the company,
will set the admissions criteria for each course, says Jeremy Johnson,
president of undergraduate programs at 2U.

Same with prices. In some cases students may pay roughly market rate. Duke
University, for example, does not calculate its tuition on a credit-hour
basis, but the price of taking one of its 2U courses will probably work out
to about the equivalent of an on-campus course, says Peter Lange, the
provost. (At Duke, that is about $5,500 per course.) Lange and others say
the details of pricing have not been set.

In return 2U and its partners are promising a high-touch virtual classroom
experience that approaches, if not equals, the social and intellectual
rigor of a typical course at Duke or any of the company’s other partners.
And upon completion the students will receive the equivalent number of
credits — with the institution’s seal of approval. The company and the
universities will share any revenue that comes from the project.

In addition to Duke, Emory and Washington University, the institutions
currently on board as of today’s announcement are Brandeis University,
Northwestern University, the Universities of North Carolina at Chapel Hill,
Notre Dame, and Rochester, Vanderbilt University, and Wake Forest
University.
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