Online Learning Update

February 24, 2018

UT System pulls the plug on $75 million online learning institute

Filed under: Online Learning News — Ray Schroeder @ 12:02 am

BY MARIA MENDEZ, Daily Texan
The UT System’s Institute for Transformational Learning was supposed to pioneer an online brand for UT, but it shut down two weeks ago. After investing a total of $75 million in the institute, the UT System decided the institute’s five-year revenue of $1 million was not enough for it to continue operating, according to the Texas Tribune. Francisco Cigarroa, former UT System chancellor, first allocated the institute with $50 million in 2011 from the UT System’s $20 billion Permanent University Fund. The institute was intended to make a UT education more accessible, UT System spokesperson Karen Adler said.

http://dailytexanonline.com/2018/02/12/ut-system-pulls-the-plug-on-75-million-online-learning-institute

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