Techno-News Blog

August 21, 2020

2U reports ‘unprecedented demand,’ but challenges lurk ahead for OPMs

Filed under: Uncategorized — admin @ 12:15 am

Natalie Schwartz, Education Dive

Although the pandemic has been a boon for distance education, online program managers can still expect headwinds. On the heels of a turbulent year, 2U appears to have turned a corner. The past three months have brought “unprecedented demand” to the online program management (OPM) company’s entire suite of offerings, its CEO, Chip Paucek, said on a call with investors last week. This marks a shift from last year, when 2U’s stock tumbled after company officials said they expected to launch fewer graduate degree programs and have smaller program sizes going forward.

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