Massive Open Online Courses and Economic Sustainability

Tharindu R. Liyanagunawardena, Karsten O. Lundqvist, Shirley A. Williams, European Journal of Open, Distance and E-Learning (EURODL), Jul 01, 2016
Commentary by Stephen Downes
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Good article looking at the question of economic sustainability for MOOCs. There's a good account of the costs generated through the use of platforms like Coursera and EdX. For example, "Coursera would receive USD 25 per participant and USD 3,000 per course... the first USD 50,000 generated by the course, or the first USD 10,000 from each recurring course, will be taken by edX." And "the cost of an eight-week MOOC offered by Teachers College, Columbia University was estimated to be USD 38,980 while a five- to eight-week MOOC offered by Large Midwestern University was between USD 203,770 and USD 325,330." For these prices maybe I should start selling access to gRSShopper! The authors list and discuss briefly a variety of funding mechanisms (readers want to compare my own paper on sustainability for OERs as there is a lot of overlap in the models).

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