More than 10,000 students have enrolled in over 45 MOOC-based degrees on Coursera, edX, and Udacity, with combined potential revenue of more than $80 million, according to the Class-Central founder and expert on MOOCs, Dhawal Shah.
Most of the income has been generated by two universities and three degrees: the Online Master’s Degree in Computer Science (Georgia Tech with Udacity), the Online Master of Science in Analytics (Georgia Tech with edX), and the iMBA (the University of Illinois at Urbana-Champaign with Coursera).
“It is the second wave of MOOC hype,” says Mr. Shah. “I remain hopeful that these new business models will act as a safeguard of free content, ensuring its continued availability for those who need it, regardless of their ability to pay. However, one thing is abundantly clear: free users are no longer a focus, despite the fact that that was the stated reason so many traditional universities started exploring MOOCs in the first place.”
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