October 16, 1998
NYU Starts For-Profit Unit to Sell On-Line Classes
New York University announced last week that it would create a for-profit subsidiary to develop and sell continuing-education courses that will be delivered on line.
With $1.5-million in start-up money from the university, NYU On-line Inc. -- as the venture will be called -- hopes to compete with the University of Phoenix and other companies that sell training courses for working adults.
N.Y.U. appears
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