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Online Learning News and Research
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Tuesday, September 18, 2001
http://www.washingtonpost.com/wp-dyn/articles/A19591-2001Sep12.html Taking Classes To the Masses By Christopher Shea Fathom, a for-profit company started by Columbia University to offer courses over the Internet, has a different tone from the rest of the university. That's only partly because Fathom's offices are half a city downtown from Columbia's main campus -- 80 blocks south of the marble edifices and manicured quads of Morningside Heights.... A. Frank Mayadas, a program officer at the Alfred P. Sloan Foundation in New York, which has provided seed money to many colleges to help them develop online programs, estimates that -- corporate training aside -- 98 percent of the courses offered online come from nonprofit, usually local, colleges. "If you read brokers' reports, you would think nothing is going on in the nonprofit world," he observes. "But in the for-credit world, for-profit companies aren't much of a factor. They are just money-losers at this point."... (ed. note: A lengthy report with a focus on the failures of major consortia, but worth reading for Frank Mayadas' enlightened insights toward the end of the article.)
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