2U, Inc. Announces Industry-Leading Framework For Transparency
LANHAM, Md., Sept. 11, 2019 /PRNewswire/ -- 2U, Inc. a global leader in education technology, today announced an unprecedented new Framework for Transparency in the online program management ("OPM") industry. The framework will offer students, universities, and policymakers data on outcomes, quality, institutional independence, and more for the degree and non-degree offerings 2U powers. With the release of its framework, 2U becomes the first OPM to openly call for, and embrace, greater transparency.
"Our shared-success partnership model with universities fosters innovation and expands access to high-quality postsecondary education for students," 2U Co-Founder and CEO Christopher "Chip" Paucek said. "Providing greater transparency around our partnerships is the right thing to do and will foster a more constructive dialogue about the value of OPMs. 2U recognizes and understands that with leadership comes responsibility, and we believe this new framework is an example of responsibility in action. We call upon other OPMs across the industry to join us in committing to greater transparency."
The new framework is grounded in six core pillars: University Oversight & Accountability; Marketplace Openness; Access; Affordability; Quality; and Outcomes.
About 2U, Inc. (Nasdaq: TWOU)
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