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. I had read earlier this spring that Noodles & Co was going to open in the Fishers Marketplace (which is SR 37 and 131st St, not 141st St, just FYI). Any word on that? Also, do you happen to know what is being built in Carmel at Pennsylvania and Old Meridian? May just be an office building but I'm not sure.

  2. I'm sorry, but you are flat out wrong. There are few tracks in the world with the history of IMS and probably NO OTHER as widely known and recognized. I don't care what you think about the stat of Indy Car racing, these are pretty hard things to dispute.

  3. Also wondering if there is an update on the Brockway Pub-Danny Boy restaurant/taproom that was planned for the village as well?

  4. Why does the majority get to trample on the rights of the minority? You do realize that banning gay marriage does not rid the world of gay people, right? They are still going to be around and they are still going to continue to exist. The best way to get it all out of the spotlight? LEGALIZE IT! If gay marriage is legal, they will get to stop trying to push for it and you will get to stop seeing it all over the news. Why do Christians get to decide what is moral?? Why do you get to push your religion on others? How would legalizing gay marriage expose their lifestyle to your children? By the way, their lifestyle is going to continue whether gay marriage is legalized or not. It's been legal in Canada for quite a while now and they seem to be doing just fine. What about actual rules handed down by God? What about not working on Sundays? What about obeying your parents? What about adultery? These are in the 10 Commandments, the most important of God's rules. Yet they are all perfectly legal. What about divorce? Only God is allowed to dissolve a marriage so why don't you work hard to get divorce banned? Why do you get to pick and choose the parts of the Bible you care about?

  5. Look at the bright side. With the new Lowe's call center, that means 1000 jobs at $10 bucks an hour. IMS has to be drooling over all that disposable income. If those employees can save all their extra money after bills, in five years they can go to the race LIVE. Can you say attendance boost?

ADVERTISEMENT