Sunday, May 9, 2010

Middlebury college aims online language program as a source of revnue

Middlebury College, a small Vermont college known for its rigorous foreign-language programs, is forming a venture with a commercial entity to develop online language programs for pre-college students. The college plans to invest $4 million for a 40 percent stake in what will become Middlebury Interactive Languages. The goals of doing this: It will help more American students learn foreign languages, an area in which they lag far behind Europeans; and it will give Middlebury another source of revenue. The price of the language class will be about $100.

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