Slashdot Mirror
UC's For-Pay Online Course Draws 4 Non-UC Students
slew writes "In the shadow of Stanford and Harvard offering free on-line courses, The University of California has been attempting to offer pay-courses for credit. UC online took out a $6.9M loan from UC and spent $4.3M to market these courses. For their efforts, they've been able to quadruple their enrollment year over year. The first year results: only one person not already attending UC paid $1,400 for an online pre-calculus class worth four credits. Now four non-UC are signed up. 'UC Online has to pay back the loan in seven years and expected to sell 7,000 classes to non-UC students for $1,400 or $2,400 apiece, depending on each course's duration. China was thought to be a lucrative potential source of students, but few expressed interest. The U.S. military also fell through.' Methinks head will roll on this one..."
The leads... are weak!
Dark Reflection
Probably because the University of Cincinnati and the University of California don't talk much anymore after that awkward moment at the last social mixer.