Michael Vasquez, writing for The Chronicle [paywalled] a few weeks ago:
When a pair of professors stepped down from their posts at Arcadia University this year, without another job lined up, they did so to halt the creation of a physician-assistant program in partnership with 2U, the online-learning giant. […] After the full-time faculty members left, the program director also stepped down — further dampening any hopes of launching the program soon, as a program director must be on the job for 15 months before any accreditor visit. The resignations came several months after the accreditor’s virtual site visit to evaluate Arcadia’s fledgling hybrid physician-assistant program. That virtual visit did not go well.
If and when the delayed, staff-less program gets launched, 2U will receive 62.5% of tuition revenue for 15 years, The Chronicle reported.
Online Program Managers (OPMs) like 2U are stealth privatizers of nonprofit higher ed, even as they drain dollars from our universities and students. The Government Accountability Office’s mild-mannered May report [pdf] calling on more oversight was followed, earlier this month, by a hard-hitting Wall Street Journal piece (“2U Inc. isn’t a university, but it sometimes looks like one”), so maybe scrutiny of the sleazy sector is picking up. Just in time for 2U’s likely sale to an Indian ed-tech giant.
What looks worse than ever is Harvard and MIT’s shameless decision last year to sell edX.