by The Associated Press
The University of California is seeking to raise money for its new online education project by finding non-UC students willing to pay for them. The UC system is expected to unveil 26 new cyber courses in January, covering topics from climate change to game theory, the San Francisco Chronicle reported Monday. “Some of our courses will be absolutely stunning,” said Vice Provost Daniel Greenstein, who is leading the effort. “But we’re not going to just knock people’s socks off. We want to identify what works.” UC officials had expected to raise $6 million for the pilot project, but secured only $748,000 in private funds, so the university gave the program a $6.9 million interest-free line of credit. The university hopes to repay the loan by selling at least 7,000 spots in online classes to about 5,000 non-UC students, possibly in China, Greenstein said.
http://www.sacbee.com/2011/09/12/3904120/uc-seeks-outside-students-to-pay.html
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