2U / edX Facing Possible Bankruptcy And Shutdown

Other discussions not related to the Permanent Portfolio

Moderator: Global Moderator

Post Reply
User avatar
Smith1776
Executive Member
Executive Member
Posts: 3535
Joined: Fri Apr 21, 2017 6:01 pm

2U / edX Facing Possible Bankruptcy And Shutdown

Post by Smith1776 »

For a long time my favourite learning platform was edX. Unfortunately it now looks like it could be knocking on death's door. Its parent company, 2U, is in serious financial trouble.

https://www.cnbc.com/2024/02/15/2u-earn ... -firm.html

The worst part is that knowing that the platform might shutdown at any point in the next year or so gives me serious trepidations about paying for another program. But that's a vicious circle, as students' hesitation to sign up for courses does nothing but exacerbate their revenue problems. That's a downward spiral that looks hard to stop.
MB
Ruby on Rails rules all
www.allterraininvesting.com
Post Reply