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Online Learning News and Research
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Sunday, January 05, 2003
The Technology Revolution: An Interview with Frank Newman - James L. Morrison, the Technology Source
.... Frank Newman [FN]: I agree that we are at a watershed moment. Even as technology continues to advance in its capabilities (e.g., easier to use software or easier video streaming), we have witnessed the dot-com collapse and its counterpart within higher education—in which many companies that expected to make huge amounts of money by providing technology for teaching have backed off, gone out of business, or shut down operations. A number of for-profit subsidiaries of traditional nonprofit universities, such as Virtual Temple or NYU online, have shut down. The three high-profile companies that proposed to sell an information and communications technology (ICT) version of complete courses—Cardean University, Fathom, and Global Education Network—each have reorganized, seeking a workable business plan. However, it is important to see that at the same time, many online arms of traditional universities, such as the University of Maryland, or for-profit universities, such as the University of Phoenix, keep right on expanding.
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