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Online Learning News and Research
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Wednesday, July 11, 2001
http://www.baltimoresun.com/news/local/bal-md.umuc11jul11.story?coll=bal%2Dlocal%2Dheadlines UMUC online group hits regulation snag Enrollment pay incentive rule delays for-profit firm By Michael Hill, Sun Staff University of Maryland, University College's ballyhooed move into the dot-com business has been put on hold, but school officials blame the delay on federal regulations, not on the virtual collapse of the online economy. It was 18 months ago that the state's 50-year-old continuing education school announced plans for a for-profit company that would market its fast-growing Internet courses. UMUC President Gerald Heeger said he had encouraging talks with venture capitalists about funding the company, but U.S. Department of Education (DOE) rules have stymied the venture....
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