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2U bets on 'free-to-degree' for profitability

After a summer of layoffs and budget cuts, the online learning company 2U hopes that a lean toward "free-to-degree" programming will turn things around, company executives said on a recent earnings call. A year after 2U acquired of the online learning platform edX, 2U is starting to see benefits, including a greater number of learners moving from edX’s free online courses to 2U’s paid online degrees and alternative credentials, said Chip Paucek, the company’s CEO. While 2U’s suite of alternative credentials are not yet profitable, Paucek said they could be by next year. Read more.

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Procurement with Ivy League cred

The Harvard Kennedy School’s Government Performance Lab last week launched its Procurement Excellence Network, designed to be free resource for government workers that serves as a “centralized place to access resources, learn best practices, and find community. “Procurement is one of the most important and strategic tools leaders have at their disposal and can be a real force for transformational change,” Jeffrey Liebman, the Government Performance Lab's director, said in a press release. Lindsay McKenzie reports.

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