For-profit Online Program Managers (OPMs) like Academic Partnerships and 2U recruit students for regional and elite state universities and private schools--hoping to profit from the growth of online education. But learning outcomes, completion rates... —  read more 

https://www.usatoday.com/in-depth/news/investigations/2023/06/01/morehouse-college-online-program-falls-short/70225028007/

Managers and directors are a bunch of young people who lack experience and do not know how to manage people or run programs. Many of them have superiority complexes and/or are sheep who follow orders from other incompetent people. All they actually... —  read more 

Company is flooded with lazy people. Hours or days without chat or email responses. Are people working? Unprofessional and pathetic.

https://seekingalpha.com/article/4603853-2u-problems-multiplying “All in all, the situation is not trending in 2U's favor. Steer clear here and watch the company's implosion from the sidelines, and resist the temptation to catch a falling kn--e.” —  read more 

https://www.highereducationinquirer.org/2023/05/opm-market-landscape-and-dynamics.html

I’ve read news on how analysts are valuing 2U. One outlet acknowledges that investors may push for additional change by this summer. If you take a look at the stock price and layoffs, there’s a clear trend when and why layoffs occur. Chegg bounced... —  read more 

https://s.wsj.net/public/resources/documents/USCComplaint.pdf https://www.wsj.com/articles/lawsuit-says-university-of-southern-california-used-misleading-practices-to-sell-online-social-work-degree-6545ded9?mod=e2tw

"However, despite US$7 trillion being spent on the education market worldwide, there are no major global edtech companies, even though 2U is... —  read more 

https://triumpheducation.com/team/

https://www.edsurge.com/news/2022-08-05-what-a-new-strategy-at-2u-means-for-the-future-of-online-higher-education

How much longer can 2U survive? 5 years?

For more than a decade: COCO, ESI (ITT Tech), EDMC (Argosy, Art Institutes), DV, APOL (University of Phoenix), LAUR (Walden University), Dream Center. 2U is in that same process...of degeneration. Can it hang on? Yes. Do you want to be associated... —  read more 

It is time for Chip to step down. The board needs to take action. This so called rocket ship is going to be another Challenger.

https://lareviewofbooks.org/article/jason-wingards-edtech-griftopia/

And with a zoom into 2U. https://philhillaa.com/onedtech/opm-market-landscape-and-dynamics-spring-2023-updates/#comment-3576

More PHD*? https://www.asugsvsummit.com/

https://www.highereducationinquirer.org/2023/04/edtech-meltdown-grows-beyond-silicon.html

Why would BNY Mellon buy more shares of 2U? https://beststocks.com/bny-mellon-increases-holdings-in-2u-inc-as-edtec/

https://www.insidehighered.com/quicktakes/2023/04/05/2u-sues-education-department-over-outsourcing-guidance

I've heard of 1 program cutting their Student Success team. Any word on other programs following suit?

Red Ventures and other lead generators. https://www.collegechoice.net/college-life/best-college-newspapers/

Red Ventures and other lead generators. https://www.collegechoice.net/college-life/best-college-newspapers/

Chip rings the closing bell.... https://www.nasdaq.com/events/2u-inc-rings-the-closing-bell

Imagine what happens if ED really goes after OPMs. https://www.highereducationinquirer.org/2023/03/erica-gallagher-speaks-out-about-2us.html

As of January 2023, there are more than ¾ of a million Borrower Defense claims against schools. And each month, about 16,000 new claims are added. Those claims are disproportionately made against a number of for-profit colleges and formerly... —  read more 

Let's see how this mess continues to develop. ED has already changed rules about transparency with universities and OPMs that is scheduled to take effect in May. https://www.linkedin.com/feed/update/urn:li:activity:7039340383553626113/

Trying to stem the losses by more firings? https://www.highereddive.com/news/non-degree-programs-high-costs-crowded-market/644054/

https://seekingalpha.com/article/4582641-2u-declining-enrollments-will-threaten-profitability-plans

Is 2U trying to sell schools with ROI for the programs? If so, isn't this fuel for Borrower Defense to Repayment claims?

"We care about our mission, we care about our partners and we wake up each morning in service to the 48-plus million learners that come to our platform seeking life-changing educational opportunities. It is time to embrace — not censor — the... —  read more 

This was written in 2019, yet not much has changed. Except it has gotten worse. No more company meetings is a plus. “Steer clear for your own sanity" Admissions Counselors at 2U perform work much closer to fraud telemarketing than "counseling." The... —  read more 

"Colleges and universities that contract with an online program management company need to submit details about those arrangements by May 1." https://www.insidehighered.com/news/2023/02/16/education-department-review-rules-online-program-providers —  read more 

The next phase of edtech... https://novum.substack.com/i/101103540/big-tech-stagnation

The heat will be on even after this latest round of layoffs. https://www.highereddive.com/news/Rosa-DeLauro-for-profit-online-program-management-companies-OPM-predators/641131/

At least one team was gutted with no prior warning

Looks like the other shoe has dropped only this time they're not dragging us along for the ride....

"Although 2U officials touted that a new business strategy is helping the ed tech company get on track to be profitable, they told analysts Thursday that they still expect net losses in... —  read more 

Lots of s**t to digest. https://seekingalpha.com/article/4574951-2u-inc-twou-q4-2022-earnings-call-transcript