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IN THE BUBBLE JOHN THACKARA - witz cultural

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260 Notes to Pages 138–141<br />

Political Science. By the autumn of 2001, citing the need to operate in a ‘‘fiscally conservative<br />

manner,’’ the Deerfield, Illinois–based company had cut its workforce by 42<br />

percent, laying off 135 of its 325 employees. Katherine S. Mangan, ‘‘Expectations<br />

Evaporate for Online MBA Programs,’’ Chronicle of Higher Education, October 5,<br />

2001, available at http://chronicle.com/free/v48/i06/06a03101.htm.<br />

14. The assets of Hungry Minds were acquired by the textbook publisher John Wiley.<br />

See the organization’s former website at http://www.hungryminds.com/.<br />

15. Fathom struggled to attract both students and outside investors, forcing the university<br />

to spend ten million dollars after its launch to keep the project afloat. Over<br />

sixty-five thousand of Fathom’s visitors enrolled in courses and seminars, and the<br />

company went on to form alliances with such prestigious partners as the British<br />

Broadcasting Company. But visitors are no longer able to purchase courses through<br />

Fathom, which has become an archive website.<br />

16. Carol A. Twigg, ‘‘Notes for the June 4–5, 1997 NLII-ITP Symposium on Creating<br />

and Delivering Collegiate Learning Materials in a Distributed (Networked) Learning<br />

Environment: A Business Model for University-Corporate Collaboration,’’ available on<br />

the EDUCAUSE website at http://www.educause.edu/ir/library/html/nli0007.html.<br />

17. Charles Vest, quoted in Carey Goldberg, ‘‘Auditing Classes at M.I.T., on the Web<br />

and Free,’’ New York Times, April 4, 2001, available at http://education.mit.edu/tep/<br />

11125/opencourse/.<br />

18. Seymour Papert, The Children’s Machine: Rethinking School in the Age of the Computer<br />

(New York: Harper Collins/Basic Books, 1994).<br />

19. David Forrest, ‘‘The High Price of Higher-Education Stocks,’’ March 9, 2004,<br />

available on the Motley Fool website at http://www.fool.com/news/commentary/<br />

2004/commentary040309df.htm.<br />

20. Most colleges with significant e-learning offerings employ private companies—<br />

e-learning call centers—that serve hundreds of colleges from the same technical<br />

support center. Nortel Networks and United Parcel Service, which are active in this<br />

market, charge institutions per-minute fees for each call or e-mail message that<br />

comes in. With prices in the range of sixty to ninety cents a minute, a typical phone<br />

call may cost an institution twenty dollars. This adds up.<br />

21. The University of Phoenix Online does not quote lump-sum prices for its MBA<br />

programs, but its website states that ‘‘while the cost of attending a private college<br />

is over $20,000 a year at some schools, the cost of attending University of Phoenix<br />

Online is less than half that.’’ ‘‘Cost,’’ available on the University of Phoenix Online<br />

website at http://www.mba-programs-online.com/university-of-phoenix/cost.htm.<br />

22. Larry Bouthillier, ‘‘Harvard Business School Website: A Case Study’’ (speech<br />

delivered at the conference ‘‘OroOro TeachersLab,’’ Amsterdam, January 27, 2001,<br />

available at http://www.teacherslab.hva.nl/transcripties/html/bouthilliertrans.html).

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