Harvard University and MIT jointly announced their new non-profit venture, the edX online learning initiative. A variety of classes from both schools will be offered free of charge worldwide via the Internet.
Both schools contributed $30 million to edX, but the program is still considered an independent entity with its own board.
“The two schools plan to build up the open-source MITx platform which itself was only announced at the end of last year. The goal is to make the platform available to other institutions as well, so they too can jump in and offer their own content,” reports TechCrunch.
MITx provides “embedded quizzes, immediate feedback, student-ranked questions and answers, online laboratories and student-paced learning,” according to the post.
“The drive is not to make money,” said MIT Provost Rafael Reif. “That said, we intend to find a way to support those activities. There are several approaches we are considering, and we don’t want this project to become a drain on the budgets of MIT or Harvard.”
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