 Online Learning Update Ray Schroeder, editor, COLRS - Online@Illinois SpringfieldOnline Learning Update - a blog published daily since 2001 by Ray Schroeder, Professor Emeritus, University of Illinois at Springfield |
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Monday, July 16, 2001
http://news.excite.com/news/r/010712/18/net-bizservices-elearning-dc U.S. Online Education Firms Run Into Trouble By Anupama Chandrasekaran NEW YORK (Reuters) - A few years ago, online education firms promised to transform the landscape for learning. Now many of them are facing difficulties or even bankruptcy. Last month, Caliber Learning Network Inc. (CLBRQ.PK), an online corporate training company, cut 70 percent of its work force and filed for Chapter 11 bankruptcy protection. It was the third online education company in the last three months to say it was going nowhere in what was once the "anywhere, any time" online distance education market....
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