By Jeffrey R. Young, EdSurge
EdSurge: MOOCs were once headline news around the world and now you hardly hear about them. How would you describe the state of MOOCs and where are things going?
Dhawal Shah, founder and CEO of Class Central: Yeah, they might have fallen off the big newspapers and the public eye. But they’ve figured out a monetization model. They might not be profitable but they’re making a lot of money. Udacity itself announced that they made 30 million dollars last year. So I think they’re grinding it out there. More people are using them than at any point in time before. They’re making money and now they are looking forward going into the online degree market and the corporate learning training market.
Share on Facebook