Online Learning Update

December 18, 2018

MOOCs Are Dead, Welcome MOOC-Based Degrees

Filed under: Online Learning News — Ray Schroeder @ 12:05 am

By IBL News

This new reality goes against that dream. edX, like Coursera, Udacity, and FutureLearn, needs to be either financially sustainable or profitable. Therefore, revenue-generating solutions are required. A successfully emerged idea is MOOC-based degrees, developed in partnerships between universities and the aforementioned platforms. The problem is how to split the revenues. Coursera and edX require a 50 percent split, because of the technology and marketing costs. Not all of the institutions are ready to take this deal. They believe that their brands, along with low prices, are powerful enough to make their online degrees successful. Regarding the technology, there are several solutions, including Open edX, which is a community-based, open source software (edX.org uses this code, plus an additional 10% of proprietary software).

 

https://iblnews.org/2018/12/03/moocs-are-dead-welcome-mooc-based-degrees/

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