Sunday, August 4, 2024

3 Years Ago, 2U Purchased edX From Harvard and MIT for $800 Million. It Just Filed for Bankruptcy. - Matan H. Josephy, Harvard Crimson

The decision to file for bankruptcy protection raises further questions about the long-term sustainability of edX — which continues to offer free, on-demand courses taught by faculty members at Harvard — even as 2U insisted that all of its educational platforms would “continue seamlessly with no interruption for partners or learners.” Vice Provost for Advances in Learning Bharat N. Anand ’88 wrote in an email to Harvard faculty members on Thursday that the University’s digital learning initiatives were “anchored in the creation of high-quality learning.” Anand added that 2U’s restructuring “avoids impacting students, courses, programs, and university partners.”

https://www.thecrimson.com/article/2024/7/27/2u-bankruptcy-harvard-mit-edx/