by Lauren Landry, Bostinno.com
When edX was first announced, Harvard and MIT said they would each make an initial investment of $30-million. As the not-for-profit, open-source technology platform expands internationally, however, a dilemma continues to loom overhead: covering costs. “Even though we are a nonprofit, we have to become self-sustaining,” said edX President Anant Agarwal in an interview with The Chronicle of Higher Education. Especially in the face of rising massive open online course providers.
http://bostinno.com/2013/02/22/edx-announces-international-expansion/#ss__301203_145022_0__ss
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