The following article is talking about one more online education venture, Coursera.
Online Education Venture Lures Cash Infusion and Deals With 5 Top Universities
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?