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Carving Your Slice of the "Virtual" Education Pie - Rebecca Sausner, University Business

It's common knowledge that there have been flops in the virtual university market--both for-profit ventures and not-for-profits that invested millions only to pull the plug after a year or two. Still, the market for distance education continues to grow rapidly, from enrollment of 1.6 million students in 2001 to 2.2 million in 2002. According to International Data Corp (www.idc.com ), no less than 150 institutions were offering online undergraduate degrees by year-end 2001, with 200 offering graduate counterparts; year-end 2002 figures are bound to be higher still. In the past year, a handful of the remaining for-profit companies (Kaplan, Sylvan Learning, etc.) have continued deep-pocketed expansion in an effort to attract adult learners; but an increasing number of traditional universities (UMass, for one) are also finding the dollars to go after this market--and the competition is getting stiffer daily.

  posted by Ray at 7/18/2003 11:43:00 AM permanent item link   

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