Online Learning Update

May 31, 2019

Analysis: Sebastian Thrun, Creates the University of Silicon Valley and the Fourth Degree

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

Mikel Amigot, IBL

Sebastian Thurn, Founder, and CEO at Udacity, is not shy when he claims, in a recent post, that his company will become the “University of Silicon Valley”. “Only 4% of students ever complete a MOOC. At present, our Nanodegree programs have a 34% graduation rate, thanks to the tireless efforts of the hard-charging Udacity team. When paired with our new personalized mentorship programs in past experiments, cohorts have commonly exceeded 60% graduation rates.” (…) “For our Nanodegree Plus pilot, an independent accounting firm verified that among our career-seeking and job-ready graduates, 84% found a new, better job within six months of graduation. And for that 84 %, the salaries went up, by an average of $24,000 per person. So much that on average, those students recouped their entire Udacity tuition fee in just three weeks.” (…) “No other online learning platform provides this level of end-to-end personalized mentorship.”

https://iblnews.org/2019/05/20/view-sebastian-thrun-creator-of-the-university-of-silicon-valley-and-the-fourth-degree/

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