Penn State to put $20M into its online academy

STATE COLLEGE, Pa. (AP) — Penn State University is funneling $20 million into its online learning academy and hopes to nearly quadruple enrollment.

The Centre Daily Times reports (http://bit.ly/Yk7no4 ) the university wants enrollment in its World Campus to go from the current 12,000 to 45,000 within the next decade. Penn State President Rodney Erickson says the $20 million to be invested was generated by World Campus through its tuition.

It offers programs including master’s in business administration and bachelor’s in psychology and is aimed at mid-career adults. World Campus Executive Director Wayne Smutz says the money will go toward technology, gathering analytical data and start-up costs to hire new faculty.

World Campus had 41 students in five academic programs when it started in 1998 and now offers more than 90 different degrees.

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Information from: Centre Daily Times, http://www.centredaily.com

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