Around the industry: LinkedIn online education with purchase of lynda.com

Bite-sized college and higher education industry news

  • California: Professional networking site LinkedIn announced Thursday that it will buy online education giant lynda.com for $1.5 billion. The site has a large library of video tutorials and the ability to provide credentials for individuals who take its classes. Officials say LinkedIn is not looking to compete with colleges, because lynda.com is more focused on nontraditional education and even partners with many colleges (Macmillan, Wall Street Journal, 4/9; Fain, Inside Higher Ed, 4/10).

Also see: How lynda.com became a billion-dollar business

  • Delaware: Delaware Valley College officially became Delaware Valley University on Wednesday. Students, alumni, lawmakers, and local dignitaries celebrated the transition in a campus auditorium. To mark the occasion, a donor gave the new university a $1 million gift to establish an institute for biotechnology and hydroponics. Administrators say they hope the switch will help them attract more international students (Savana, Allentown Morning Call, 4/9).
  • Massachusetts: Officials at Tufts University unveiled a new policy Tuesday of "proactively and openly" recruiting undocumented students, who will be considered as regular domestic students. Tufts will also provide additional financial aid to some undocumented students. Immigration advocates celebrated the announcement as a major victory. But critics say the openings should go to "legally present students" (Schworm, Boston Globe, 4/7).

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