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Thursday, May 9, 2013
Penn State to invest $20 million to grow World Campus to 45,000 students - Penn State University
Penn State’s online campus, the World Campus, is poised to more than triple students enrolled in online education programs from 12,000 to 45,000 within the next decade. The University is committing $20 million over five years from World Campus revenues toward this new expansion goal. Penn State President Rodney Erickson announced the goal today (April 29) in a letter to the University community. This initiative is designed to help more people earn degrees by providing exceptional academic and co-curricular experiences for students who need the flexibility of online education while working and managing multiple responsibilities. By reinvesting revenue in the World Campus, Penn State intends to fund new technologies, provide additional faculty capacity, enhance student services, support research and development initiatives, and improve infrastructure and marketing efforts. This year, World Campus revenue is projected to total $90 million.
http://news.psu.edu/story/275043/2013/04/29/academics/penn-state-invest-20-million-grow-world-campus-45000-students