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A true educational Commons would be a force for reducing academic hierarchy and income inequality. I'm all in favor of that. You say you are too. But is that what you are telling your partners in finance and university administration? Or are you telling them that they can accumulate even more of what they already have-money and prestige-while appearing to be giving it away? I will know my course has been successful when my students understand Coursera's business model behind offering free higher education globally (along with the promise of greater social equality) as an exciting venture capital investment opportunity through which to increase privately-held wealth and lock in existing educational hierarchies.

The only thing we've heard from Coursera is that their idea for charging people for certificates of completion netted $220,000 in Q1 of this year. Given that Coursera's annual burn rate seems to be in the neighbourhood of $10M (that's on top of their partners spending $50K/course to place it on the Coursera platform), this is peanuts.

Instructure today announced it has raised $30 million in Series D funding, which brings Instructure's lifetime funding total to $50 million. Bessemer Venture Partners (BVP) led the round with participation from existing investors. The funds will be used to accelerate adoption of Canvas, Instructure's popular learning management system (LMS), used by colleges, universities, K-12 school districts and the company's expanding role in the Massive Open Online Course (MOOC) movement. Instructure's current list of investors includes EPIC Ventures, OpenView Venture Partners and Tomorrow Venture

With the new funding, he [Andrew Ng, Coursera co-founder] said, the company plans to focus on several key areas, including: New mobile apps (coming in the next few months) Deeper international expansion through translation and distribution partnerships Opening up Coursera to enable third-party apps and integrations (long term, the plan is to open up APIs, but in the short term they'll enable university partners to integrate other apps with Coursera) New features to encourage more collaboration between students When I pointed this out on Twitter, Burck Smith of StraighterLine got it right when he said "Sounds like an LMS".

"In the United States, about half the people who start college don't finish, leaving 37 million Americans with some college credits but no degree. That's more than 20 percent of the working-age population. In an economy that increasingly demands workers with knowledge and skills, it is imperative that more opportunities are provided for individuals to obtain a university degree. By serving as the key link between universities and employers, InStride will facilitate partnerships that will positively impact the lives of thousands of people who will benefit from a high-quality education."

"Career services are a natural evolution of focus for the student success movement. If we abandon low-income or first-generation students at graduation with a poorly designed handoff between college-to-career, we risk failing to deliver on the full promise of higher education," said Dr. Bridget Burns, Executive Director of the University Innovation Alliance. "Strada Education Network understands that innovation starts with listening to, and understanding, the perspective of students. This project is about providing career services professionals with the capacity and time to redesign career readiness in order to better prepare students for an increasingly dynamic future of work.""

"Ambi is reinventing how learning takes place in higher education by putting students at the center of the experience: a Learner Engagement Platform designed for the student first, creating a more engaged, involved, and immersive learning experience for everyone. Ambi is the product of three years of research and more than eighteen months of development to build a Learner Engagement Platform where learning takes place without limits. The interface is as familiar as the social networks students use on a day-to-day basis, but with a tight integration to the course materials and features from Learning Management Systems like Canvas from Instructure, and Blackboard."