IBJNews

Purdue seeks new revenue with online-education initiative

Back to TopCommentsE-mailPrintBookmark and Share

Purdue University on Friday formally kicked off a new online education initiative that it hopes extends the Purdue brand globally and even pulls in additional revenue down the road.

PurdueHUB-U will offer courses via an Internet portal that offers video lectures, online interaction with other students and electronic submission of homework and tests.

Purdue’s initiative, which will be funded with $2 million over its first four years, is similar to an initiative announced May 2 by Harvard University and Massachusetts Institute of Technology.

Those schools pledged a combined $60 million to launch edX, which will offer online courses and give students a certificate of completion at the end. Such a certificate from a well-regarded institution could—proponents of online education predict—become valuable among employers.

Purdue hopes demand for its HUB-U initiative becomes self-sustaining in five years.

Purdue offered a certificate of completion recently for a HUB course in nanotechnology. The course was taken by 900 students from 27 countries, most of whom paid $30 each.

"Online education is transforming higher education, flipping classroom dynamics and reaching into the farthest corners of the world," Purdue President France Cordova told the university’s board of trustees, according to a statement released by Purdue. "The winners will be those who have the platform, can be cost competitive and capture the imagination of the learner.”

The HUB-U technology also will be used to transform on-campus courses at Purdue, according to Provost Tim Sands. In those courses, students would watch lectures online outside of class and spend class time for what used to be homework—problem-solving and group activities—with the aid of professors.

PurdueHUB-U is one of several revenue-boosting initiatives Cordova has launched in her final year as Purdue’s president. The university is expected to name her replacement this summer.

With state support not keeping up with inflation—and actually declining in recent years—Purdue is turning to out-of-state and international students to help. During Cordova’s tenure, the percentage of out-of-state students at Purdue has risen from 40 percent to 50 percent. That’s significant because out-of-state tuition is $27,000—nearly three times as much as for in-state students.

 

ADVERTISEMENT

Post a comment to this story

COMMENTS POLICY
We reserve the right to remove any post that we feel is obscene, profane, vulgar, racist, sexually explicit, abusive, or hateful.
 
You are legally responsible for what you post and your anonymity is not guaranteed.
 
Posts that insult, defame, threaten, harass or abuse other readers or people mentioned in IBJ editorial content are also subject to removal. Please respect the privacy of individuals and refrain from posting personal information.
 
No solicitations, spamming or advertisements are allowed. Readers may post links to other informational websites that are relevant to the topic at hand, but please do not link to objectionable material.
 
We may remove messages that are unrelated to the topic, encourage illegal activity, use all capital letters or are unreadable.
 

Messages that are flagged by readers as objectionable will be reviewed and may or may not be removed. Please do not flag a post simply because you disagree with it.

Sponsored by
ADVERTISEMENT

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
 
Subscribe to IBJ
  1. Yes sir keep cashing those 300K a year checks direct to IMS, while millions disappear from the teams like Rahal's. Guess there wasn't enough ka- ching going around to keep Sarah Fisher in business without their "merger". LOL._____.Meanwhile back in Realville the series with the "best racing in the world" drew what appeared to be about 5000 live spectators ( and probably 1500 of those Target "freebies", and was beaten in the ratings by a series that reportedly consists of "parades" and aired while most people are still sleeping. That will generate those big ka-chings for sure. :-). But, hey, as long as the Speedway gets the cash who gives a damn about the teams?

  2. Welcome to PETERSON LOAN AGENCY Company (A Personalized Service for All Your Financial Needs) We, Liberal Investment Company Providers offers loan at a very low interest rate of 2%, we offer Personal loans, Debt Consolidation Loan, Venture Capital, Business Loan, Educational Loan, Home Loan, and Loan for any reason and urgent needs!. with a maximum duration of 30 years. Have you been turned down by your bank? Do you have bad credit? Do you have unpaid bills? Are you in debt? Do you need to set up a business? Worry no more as we are here to offer you a low interest loan. Our loan ranges from $5,000-USD (Five Thousand US dollars) to $50, 000,000.00.(Fifty Million US dollars). We also lend in USA DOLLARS EURO and POUNDS ! Fill in this form and forward it to our email: PETERSONLOANAGENCY@GMAIL.COM 1. Your Full names:_______ 2. Contact address:_______ 3. Country Of Residence:______ 4. Loan Amount Required:________ 5. Duration:_____ 6. Gender:_____ 7. Occupation:________ 8. Monthly Income:_______ 9. Date Of Birth:________ 10.Telephone Number:________ 11. Purpose of loan:_________ Yours In Service, MR PERRY, PETERSONLOANAGENCY@GMAIL.COM

  3. If I could actually get the prices...I would do this on my own. We need laws that force provides to publish the costs they will charge. Everyone else gives you the price in advance...except hospitals.

  4. I was under the impression that fencing is not allowed on a front yard and that on a corner, both sides are considered "front" yards, therefore can't be fenced without a variance. Also impedes the visibility for drivers at the intersection. Am I understanding this correctly? Might be why a fence was not included in the plans and a request for a variance will have to be made?.

  5. I was a big fan of Cowards and Carrots, which I got a chance to see at the show. It's currently on Kickstarter, but the designer also put out What's He Building in There last year, which got a fair amount of buzz.

ADVERTISEMENT