Monday, March 06, 2006

eCulture Online Colleges Receive a Boost From Congress - SAM DILLON, New York Times. It took just a few paragraphs in a budget bill for Congress to open a new frontier in education: Colleges will no longer be required to deliver at least half their courses on a campus instead of online to qualify for federal student aid. That change is ex [Online Learning Update] 8:13:44 PM    comment

eCulture New AT&T Acquires BellSouth. [Slashdot] 5:19:51 PM    comment

Culture Education Management Said to Be Sold for $3.4 Billion. The Education Management Corporation is planning to announce that it has agreed to be sold to Providence Equity Partners and the private equity arm of Goldman Sachs for $3.4 billion. By ANDREW ROSS SORKIN. [NYT > Education] "The transaction is the largest buyout in the for-profit education sector and could presage a wave of similar deals. Education Management, which manages private post-secondary education institutions around the country, currently has about 72,000 students." 5:08:26 PM    comment