- Antioch University will offer licensed versions of Coursera's MOOCs for credit as part of a bachelor's degree program.
- The deal is part of an effort by Antioch University to lower the full cost of a degree for students, and is also one of the first instances of a university buying permission to use (and awarding credit for) a MOOC, as well as a step toward Coursera developing a revenue stream.
- The courses Antioch is paying an undisclosed amount to use come from schools including Duke University and the University of Pennsylvania, and those schools will receive a portion of the revenue as a result of intellectual property rights stipulated in their Coursera contracts.
From the article:
Coursera, the largest provider of massive open online courses (MOOCs), has entered into a contract to license several of the courses it has built with its university partners to Antioch University, which would offer versions of the MOOCs for credit as part of a bachelor's degree program. ...