Harvard Forms $60 Million Venture With MIT for Online Courses

By Oliver Staley - May 2, 2012 11:00 AM GMT-0300

Harvard University will team with theMassachusetts Institute of Technology to offer online courses from their faculties to students around the world that will include quizzes and certificates upon completion.
The nonprofit venture, called EdX, will be funded with $30 million from each of the universities and will begin offering courses this year, the Cambridge, Massachusetts-based schools said today in a statement.
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