Inside Higher Ed: Another One Bites the Dust
Of all the projects to build international online universities, U21 Global might have been the most ambitious. Universitas 21, the international consortium of highly reputed research universities that opened U21 Global in 2001, predicted the program would enroll 500,000 students and be netting $325 million annually by 2011.
But the program has been fraught with financial losses over its eight-year run, and currently enrolls only 5,000 students. A number of affiliated universities have walked away, including four in the last two years.
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