Will edX Put Harvard and MIT Out of Business?

Harvard University and the Massachusetts Institute of Technology (MIT) are teaming up to expand their online education programs -- and they're inviting other institutions to come on board.Called edX, the $60 million joint venture builds on MIT's existing MITx platform that enables video lesson segments, embedded quizzes, immediate feedback, online laboratories and student-paced learning.

Transformational is how some describe edX, an online education platform that will make Harvard and (MIT) courses available to everyone. Inevitable is probably a better term. As textbooks go digital, more testing is conducted on-line and mobile applications democratize education tools, education start-ups are on the rise. With billions at stake, venture capitalists will tell ...

By TechCrunch: By Rip Empson John Wiley & Sons (JW.A) the 200-year-old publishing giant best known for its scientific, technical and medical texts and journals geared towards academic and scholarly audiences, appears to be on a mission to beef up its higher education business with a dose of technology.

By Alex Zhu, Futurist, Technology Innovation, SAP In the past year, Massive Open Online Course (MOOC) has emerged to be a major trend in the education space, witnessed by the rapid takeoff of online universities such as Coursera, Udacity, and EdX. Millions of online learners from all over the world are [...]

Online education is the next hot bet in venture capital. Coursera,?? a joint venture of Stanford, the University of Michigan, the University of Pennsylvania and Princeton received an investment of $16 million back in April from two of Silicon Valley's biggest VC firms - NEA and Kleiner Perkins.?? edX, a non-profit partnership of Harvard and ...

From financial transactions to consumer purchases to political polling, a torrent of data now flows into every area of the global economy. Yet that river of information is meaningless without a workforce that can harness and analyze it.

There's a massive problem in higher education. The number of people qualified to attend the world's best universities who don't get the chance to do so is growing. At the same time, the cost of attending college has risen to the point where people question its value, and student debt is skyrocketing. 

One of the common complaints about Wall Street is that it sucks up a lot of Ivy League talent that could be going toward more productive endeavors. The common assumption is that the students are just following the money. But, my friend, an anonymous Harvard graduate who spent some time on Wall Street says that's not always the case. An edited transcription of our conversation follows: You went to Harvard. Then what happened?