MOOCs: EdX To Charge Students for Optional ID-Verified Certificates
From The Harvard Crimson:
EdX will now offer its students the option of paying a fee to receive an ID-verified “certificate of achievement” for completing an online course, marking the first time the 17-month-old virtual education nonprofit will monetize its free content.
“Think of it as a premium model,” EdX President Anant Agarwal said of the new initiative Tuesday at an appearance at a Graduate School of Education-sponsored forum.
Students registering for any of the three participating courses are now able to choose from among three possible tracks. They may audit the course for free without the expectation of any certificate, sign up for a free certificate, or pay a fee to receive an ID-verified certificate upon successful completion of class requirements.
Paid certificates cost $25 for Stat2x: “Introduction to Statistics,” $50 for CS169x: “Software as a Service,” and $100 for 6x: “Circuits and Electronics.”
Another potential revenue-generator, Agarwal said, could be licensing of what he termed “new age textbooks”—digital course materials that could be purchased and used by other instructors.
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About Gary Price
Gary Price (firstname.lastname@example.org) is a librarian, writer, consultant, and frequent conference speaker based in the Washington D.C. metro area. He earned his MLIS degree from Wayne State University in Detroit. Price has won several awards including the SLA Innovations in Technology Award and Alumnus of the Year from the Wayne St. University Library and Information Science Program. From 2006-2009 he was Director of Online Information Services at Ask.com. Gary is also the co-founder of infoDJ an innovation research consultancy supporting corporate product and business model teams with just-in-time fact and insight finding.