UC's For-Pay Online Course Draws 4 Non-UC Students 177
slew writes "In the shadow of Stanford and Harvard offering free on-line courses, The University of California has been attempting to offer pay-courses for credit. UC online took out a $6.9M loan from UC and spent $4.3M to market these courses. For their efforts, they've been able to quadruple their enrollment year over year. The first year results: only one person not already attending UC paid $1,400 for an online pre-calculus class worth four credits. Now four non-UC are signed up. 'UC Online has to pay back the loan in seven years and expected to sell 7,000 classes to non-UC students for $1,400 or $2,400 apiece, depending on each course's duration. China was thought to be a lucrative potential source of students, but few expressed interest. The U.S. military also fell through.' Methinks head will roll on this one..."
Re:Agree 10000% (Score:4, Funny)
The leads... are weak!
Re:Agree 10000% (Score:2, Funny)
"The leads are weak." The fucking leads are weak? You're weak. I've been in this business fifteen years...
Re:Agree 10000% (Score:3, Funny)
Probably because the University of Cincinnati and the University of California don't talk much anymore after that awkward moment at the last social mixer.