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Online Learning News and Research
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Friday, January 23, 2004
eValuating eCornell - BRIAN KAVIAR, Cornell Daily Sun
For some universities, online learning has proven to be a shaky business venture. Columbia University's for-profit program, Fathom, was the industry's largest until its demise in March 2003 after it failed to turn a profit. Cornell's program, eCornell, has proven itself separate from the pack in its ability to remain successful despite the volatility of online businesses. In a November release, eCornell said its finances are holding strong -- $2.87 million in revenue with $1.73 million in royalties and course payments to Cornell and faculty as well as $1.2 million in the original startup payments to Cornell.
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