By Steve Kolowich, Chronicle of Higher Ed
Two other major providers of MOOCs, Coursera and Udacity, are for-profit companies. While edX has cast itself as the more contemplative, academically oriented player in the field, it remains under pressure to generate revenue. “Even though we are a nonprofit, we have to become self-sustaining,” said Anant Agarwal, president of edX. And developing MOOCs, especially ones that aspire to emulate the quality and rigor of traditional courses at top universities, is expensive. Harvard and MIT made an initial investment of $30-million each last year to start the edX effort. Legal documents, obtained by The Chronicle from edX, shed some light on how edX plans to make money and compensate its university partners.
http://chronicle.com/article/How-EdX-Plans-to-Earn-and/137433/
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