2U CEO Says Online Education Gets a 'Bad Rap'

The transcript discusses the company's growth strategy, focusing on investment in program expansion and the positive impact on investors. It addresses misconceptions about online education, emphasizing the quality and outcomes of programs offered by prestigious universities. The advantages of online graduate education are highlighted, including the use of technology and virtual interactions. The potential for online undergraduate education is explored, considering market needs and student demographics. Finally, the impact of education policy on the business is discussed, with a focus on delivering value to students and universities.

What is the main reason for the company's positive investor response?

• The company's high marketing spend

• The reduction in program costs

• The profitability of older programs

• The launch of new undergraduate programs

What is one of the biggest challenges for online education according to the company?

• Limited course offerings

• High tuition fees

• Lack of technology

• Preconceived notions of low quality

How does the company enhance the learning experience in online education?

• Through physical campus visits

• Through weekly live classes and virtual interactions

• By reducing course duration

• By offering free courses

What is the company's revenue model with university partners?

• Subscription-based model

• Long-term revenue share

• One-time payment

• Fixed annual fee

What is the company's future plan for undergraduate education?

• To focus solely on graduate programs

• To enter the undergraduate market

• To discontinue online education

• To partner with high schools

How does the company view the impact of education policies on its business?

• As a major obstacle

• As irrelevant

• As an opportunity to deliver value

• As a reason to change strategy

What is the company's retention rate since inception?

• Between 90% and 95%

• Between 60% and 65%

• Between 82% and 84%

• Between 70% and 75%