Inside Higher Ed reports that Udacity has decided to change its business model:
Beginning next month, the massive open online course provider Udacity will cut the first O from the acronym and only offer MOCs. Founder Sebastian Thrun, whose "pivot" last year shifted the company's focus to corporate training, in a blog post announced Udacity will stop issuing free course completion certificates on May 16.To be fair, they're only charging for the certificate. If you want to do the course and then manage to convince a hiring manager somewhere that you actually know this stuff for free without the certificate, well, good on ya, as the Aussies say.
So, from free, open-access, and change-the-world elite education for the masses to a fee-based certificate and a corporate training model in 3 years? Now that's a speedy adaptation to market forces.
It's really kind of reassuring that MOOCs have found their feet and that those feet don't have to stomp all over higher education, at least at present.