By Joshua Kim, Inside Higher Ed
What do you think of the online program management (OPM) industry? If you are like many higher ed people that I speak with, your answer may not be all that positive. Higher ed people simply don’t like the idea of long contract lock-ins (usually between five and 10 years) and revenue share arrangements that send half to three-quarters of tuition dollars to for-profit companies. Is it possible to be a critical and clear-eyed observer of the OPM industry and still believe that an OPM partnership should be on the table as institutions consider new online programs? I think the answer is yes, as I’ve come to believe that (a) the OPM industry is more complicated and nuanced than we often think, and (b) we need to think about OPM partnerships in a different way.
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