Are MOOC’s really about FREE education? Coursera reveals how it intends to generate revenue off of “freely” available MOOC’s. In fact, many MOOC companies are launching business models where students and institutions will pay.Competition heats up between MOOC’s and traditional LMS companies.
To be clear Coursera, Udacity and others are simply learning management systems bundled with high quality content. In fact “It’s an LMS [learning management system] that’s wrapped around a very high-quality course,” says Daphne Koller, a Coursera co-founder. “It’s not just the box, it’s a course in a box.”