E-Learning industry on the rise — from edweek.org by Constance Gustke
Online-only courses generating revenue
The for-profit e-learning company K12 Inc. grew 40 percent last year, generating $385 million in revenue by providing virtual courses to 70,000 students across the country.
Connections Academy, another such provider, generated about $120 million in revenue serving up online courses to some 20,000 students. And recently, the education technology company Plato Learning announced that it is now offering online Advanced Placement courses, marking the first time the company will do so as part of its courseware for school districts.