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Elite Colleges Started EdX as a Nonprofit Alternative to Coursera. How Is It Doing?

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Amidst the hype, two competing entities were formed within a few weeks of each other: One of them was Coursera, a for-profit startup backed by the biggest-name investors in Silicon Valley, who argued that they were building a billion-dollar company, a rare “unicorn,” as venture capitalists say. Downsides of Openness?

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In New Push to Grow Online Degree Offerings, Coursera Changes Revenue-Sharing Options

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Ten years ago when two Stanford professors started Coursera , many of the big-name colleges the company partnered with offered few online courses. And the courses they put on Coursera were done mainly as goodwill outreach—free offerings to help spread knowledge to those who couldn’t afford a campus experience.

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Colleges Are Losing Students. Is That A Growth Opportunity For Coursera?

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To Coursera, the online learning platform and edtech “unicorn” that went public last year , this may represent an opportunity to serve as an institutional bridge for some of these universities in the struggle to stop the bleeding. That may represent an untapped growth opportunity for Coursera, he adds.

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What a New Strategy at 2U Means for the Future of Online Higher Education

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The Acceleration The acceleration is that 2U is going all in on the education platform strategy that started with the company’s acquisition of edX last year. The flywheel aspect is that the more the strategy succeeds, the more revenue is made by institutional partners and by the company, leading to more free courses and registered learners.

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Facebook Seems to Be Adding Video-Course Features. For Edtech, That Raises Old Fears.

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That puts Meta in a different space than companies that offer massive open online courses, or MOOCs—which tend to focus more on upskilling and that offer certificates intended for professional advancement, experts say. Either way, Meta’s possible entrance into the market plays into a long-standing fear of big tech in the edtech industry.

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Online Learning's 'Greatest Hits'

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In a telephone interview, Phil Hill, edtech guru and co-publisher of the widely followed e-Literate blog , acknowledged that “the LMS is not only part of the university’s core infrastructure, but it also allows faculty and students to use technology creatively in the classroom.” The term MOOC was coined by others in 2008.)

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The Still-Evolving Future of University Credentials

Edsurge

And it was just a few years after the launch of the first MOOCs, putting the online higher ed market newly in the spotlight as it continued its steady growth. The growth of educational platform companies such as Coursera and 2U is being driven in part by a surge in demand for certificate programs and “alternative credential” offerings.

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