Thread regarding 2U Inc. layoffs

Lessons learned from 2U?

A few of the stories mention Chip's lies and gaslighting and the indoctrination process at 2U. But here are some more questions that have not been fully answered.

How did Chip fool so many people for so long?
Why does Cathie Wood continue to invest in 2U?
Why would Valerie Jarrett and Earl Lewis be board members?
Why would Michelle Obama take a speaking fee from 2U?
Why would the folks at edX take the money from 2U?

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| 1522 views | | 9 replies (last October 27, 2023) | Reply
Post ID: @OP+1pcbZxiK

9 replies (most recent on top)

I learned that even though there was a bunch of shady ish occuring I still had some good co workers that helped me and I could rely on.

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Post ID: @6xpr+1pcbZxiK

I learned I could get drunk at work lol

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Post ID: @6emh+1pcbZxiK

I've learned to not trust whatever my supirors tell me fully cause theres always a catch

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Post ID: @6gen+1pcbZxiK

The 2U concept was sold to 2U's employees as well as to the general public (including public speakers; i.e. Michelle Obama) on the premise that 2U was providing successful #outcomes by affording disadvantaged and disenfranchised humans with an opportunity for an education, of which could not have been realized without us for various reasons (rural communities for example).

That is not an untruth, generally speaking, we were providing an "education". As with any distance/remote education provider, we did so in places or situations wherein students didn't have access to education locally for various reasons.

What wasn't #tansparent was the hefty price tag/ financial burden placed on the student, coupled with shady admission tactics, and other questionable apects of the degree programs mentioned throughout this site (faux "faculty" applicant reviews, the forced narrative that 2U wasn't running the show, or even in existence, etc.).

Outwardly, nothing appeared to be anything less than altruistic. The devil is in the details, as they say. And unless you had knowledge of all of ALL of the working parts, there would be no reason to question 2U or its mission.

From the inside, company "culture" and leadership's ability to gloss over and rationalize all of the details kept us from scrutinizing mandated policies and procedures. I have posted here before - had I not been a victim of the antithesis of the no a**hole policy with my management team, I might still be hiding my identity and putting on the facade that I am employed by .

It is a complex scheme with a lot of moving parts. I think that is why, without knowing all of the in's and out's, one might be inclined to invest in/speak for/partner with 2U.

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Post ID: @2iku+1pcbZxiK

$2.09 (10/23)

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Post ID: @2idx+1pcbZxiK

These are questions that are above my pay grade. As far as EdX selling to 2U? 800 million reasons. Although well intentioned, misguided. On the Edx side they feel that they are sell outs. And on the 2U side this purchase has not really yielded. Although the student base/ traffic was large at Edx and 2U was betting on leveraging this for traffic into paid program, 2U miscalculated. Students went to Edx site for REAL free course taught by REAL professors from REAL top universities like Harvard and MIT. Not to be baited and switched into FAKE news!
Article from the Harvard Crimson: https://www.thecrimson.com/article/2022/10/27/2u-financial-struggles/#:~:text=Pooley%20said%202U%20purchased%20edX,the%20platform%2C”%20he%20said.
“In the period since the sale was announced, the education technology firm that bought edX for $800 million, 2U Inc., has seen the price of its shares plummet by more than 86 percent and cut 20 percent of its budgeted personnel costs.”

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Post ID: @2ahm+1pcbZxiK

Highly skilled wordsmith - snake oil salesman.

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Post ID: @ats+1pcbZxiK

Idk why? Please tell us voice of reason.

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Post ID: @eou+1pcbZxiK

capitalism

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Post ID: @hyh+1pcbZxiK

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