 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://www.chronicle.com/free/v47/i45/45a02901.htm Temple U. Shuts Down For-Profit Distance-Education Company - Some universities with similar ventures say they can still make money By GOLDIE BLUMENSTYK The bloom is not yet off the rose for the distance-education business, but Temple University is one of the first to start plucking the petals. The university has closed down Virtual Temple, the fledgling spinoff company that it created nearly two years ago with the idea of making money by selling online courses. Temple's president, David Adamany, called the decision a simple one. "I didn't see any profit potential here," he said in an interview last week....
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