Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

Harvard and MIT sold the assets to 2U; the money was rolled over into a new nonprofit:

https://www.insidehighered.com/news/tech-innovation/digital-... - They put $80M into edX and got back $800M.



Yep, definitely 2U's $800M mistake, not Harvard and MIT. They made off like bandits.


Many universities like to claim that their mission is to educate the next generation of citizens and leaders, rather than to make off like bandits.

Some would call it a failure to uphold that mission, even if it was good for their bank balance.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: