Dive Brief:
- Ohio's Miami University is investing $3.5 million in new online courses and hoping it can turn a profit of $1 million a year within a decade.
- The effort is in part to stem the tide of Miami undergraduate students taking online courses for credit elsewhere, sometimes because they are cheaper and easier.
- The school is also looking to create online graduate-level courses to attract new students.
Dive Insight:
Online courses at Miami already brought in $9.3 million in revenue last year. To increase that number, some of the new classes will be created in areas that the university has identified as high-demand, such as instructional design, gerontology and speech pathology.