A Partnership to Lower College Costs?

Recently, Harvard and MIT announced they are forming a new organization called edX to deliver online courses to learners around the world. Each school is investing $30 million.

Lightbulb_New_Learning_Collage_SmallTwo of America’s most prestigious universities are uniting around a seemingly controversial idea: that online education is an opportunity and not a threat for residential colleges.

Harvard University and the Massachusetts Institute of Technology, both in Cambridge, Mass., announced that they’re forming a new organization called edX to deliver online courses to learners around the world. Each school said it will invest $30 million in launching the project.

The idea is that this new investment will complement, rather than compete with, their residential learning programs.

No one is expecting the physical campuses of elite institutions like Harvard to go the way of the horse-drawn carriage anytime soon. But the announcement underscores that top institutions plan to ride technology’s wave rather than risk being swamped by it.

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Source: Mark Trumbull | The Christian Science Monitor