What 2U’s Year of Change Says About the State of Online Learning
Online program manager 2U’s stock plummeted this summer when its leaders told financial market analysts that they expect to launch fewer graduate degree programs and expect smaller program sizes going forward. It was the second time in as many quarters that 2U had changed its outlook, sending the company’s stock price down nearly 65% by the market’s close the next day. The higher ed community appeared less concerned, however. For 2U had already been laying the groundwork for, and in many ways was underway with, a transition it hoped would help it keep pace with increasing competition within online learning.
