Coursera expected to comfortably cross $200 million in revenues in 2020, Udacity almost ran out of money in 2018, and other tidbits from recent media coverage of MOOCs.
As part of Udacity’s ongoing restructuring plan, the company is doubling the price of its Nanodegrees and relaunching one-on-one mentorships and career coaching.
Thrun is trying to steer Udacity back on track to profitability by focusing, among others, on cutting costs, improving student support, and speeding up Nanodegree production.
In 2018, MOOC providers focused on big-ticket items: corporate training and online degrees. This means in 2018 the consumer product remained relatively unchanged from a user experience and monetization perspective.
