Yet another state university is hoping to strike gold with online education for working adults. Colorado State University’s Board of Governors on Friday approved $4.5-million for the creation of an online university, according to an article Sunday in the Coloradoan.
The online, nonprofit university, to be called CSU-Colorado, is being developed with the Colorado Community College system. It is expected to cost a total of $12-million and be open for business next year.
“We must reach broader student populations, particularly those who are geographically isolated or fall into nontraditional categories because of family, work, and financial need,” said the chancellor of the CSU system, Larry Edward Penley, in a statement posted on the university’s Web site.
Is demand for online education great enough to support another online institution from a state university? The University of Illinois and the University of North Carolina announced their own distance-education spinoffs earlier this year. —Andrea L . Foster