Coursera - One More Online Education Venture

  •  
  • 559
  • 4
  • 1
  • English 
Apr 20, 2012 22:51
A short while ago I wrote an entry about Udacity - a free online education site on computer science. Udacity was founded by Dr. Thrun. He was a Stanford Professor and left his tenured position at Stanford and founded Udacity.

http://lang-8.com/11658/journals/1417988

The following article is talking about one more online education venture, Coursera.

Online Education Venture Lures Cash Infusion and Deals With 5 Top Universities
http://www.nytimes.com/2012/04/18/technology/coursera-plans-to-announce-university-partners-for-online-classes.html

Coursera was founded by the scientists, Andrew Ng and Daphne Koller, also from Stanford. According to the article, Coursera has secured $16 million in venture capital and partnerships with five major universities - Stanford, the University of California, Berkeley, the University of Michigan, the University of Pennsylvania and Princeton. They are going to provide a broad array of interactive courses not only in computer science but also in the humanities, social sciences, physical sciences and engineering.

It seems that a big movement is emerging in the field of online education.

By the way I was surprised at the following sentence in the above article:
========
The free course touched off an intense debate behind the scenes at Stanford, where annual tuition is $40,050.
========

Is it true that the annual tuition of Stanford is $40,050? I heard that the tuitions in the US are very expensive but $40,050 is beyond my imagination. Probably Stanford is one of the most expensive universities. Even so, I can't believe this price. How can people afford it?