I am wondering why any school would want to sign up to do buisness with 2U knowing that the company is on life support? Why would the newest school that came onboard, that we took over from Pearson, want to stay? They are taking a very unstable chance.
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2U can't stop making mistakes...
Pearson OPM was bought out by private equity firm. So why did they stop working the school? Maybe it was 2U not doing their due diligence and the school getting some extra money behind it
Imagine what would happen if every school that wanted to get out of their contract did just that.
Not sure why, probably just didn’t do their due diligence, which is not surprising. I think everyone is just looking for something fast to make money on, including the people who enroll in boot camps for the most part. Education is struggling as an industry and from what I’ve read, a lot of the schools that signed up in the past faced backlash from faculty because of the cut 2U takes and because it’s not actually managed in-house, it’s just a white label class. I would also be willing to bet companies that are still on board are hoping the company goes under so they don’t have to pay to get out of their contracts. Just my speculation though.