By Lawrence Biemiller, Chronicle of Higher Ed
MOOCs may also cost colleges money, the paper says, citing an agreement between Udacity and the Georgia Institute of Technology to offer an online master’s degree in computer science. “Udacity gets the intellectual content for a master’s program of 20 courses at an upfront cost of $400,000,” the paper says. “It borrows Georgia Tech’s reputation as its own, at a huge discount (no training of graduate students, no support for labs, no decades of accumulated know-how through which Georgia Tech earned its reputation). It acquires these courses for a proprietary platform: Georgia Tech cannot offer these OMS CS courses, created by its own faculty, to a competing distributor.”
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