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Removing StraighterLineLogo2022.png; it has been deleted from Commons by Krd because: No license since 16 September 2022.
→CEO: was updated to current interm including the investment company providing the personel, Fixed founding date from 2008 to 2009, added another co-founder, added a reference for previous CEO, updated full address of Headquarters, removed www from website address,
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{{Infobox company
{{Infobox company
|name = StraighterLine
| name = StraighterLine
|image =
| image =
|alt = StraighterLine Logo
| alt = StraighterLine Logo
|location = Baltimore, MD & Online
| location = 1201 South Sharp Street Suite 110, Baltimore, MD 21230
|hq_location_country = United States
| hq_location_country = United States
|website = {{URL|https://www.straighterline.com/}}
| website = {{URL|straighterline.com}}
|type = [[Higher education]] courses for college [[transfer credit]]
| type = [[Higher education]] courses for college [[transfer credit]]
|founded = 2008
| founded = 2009
|founder = [[Burck Smith]]
| founder = Burck Smith, David Parento
}}
}}


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==History==
==History==
The company was founded in 2008 as a division of Smarthinking, Inc., an online tutoring provider, and was spun out in 2010, shortly before Smarthinking was acquired by [[Pearson PLC]]. In 2011, the company was named one of "The 10 Most Innovative Companies in Education" by [[Fast Company (magazine)]].<ref name="WIRED">Anya Kamenetz "The 10 Most Innovative Companies in Education" [[Fast Company (magazine)]] March 15, 2011 [http://www.fastcompany.com/1738940/the-10-most-innovative-companies-in-education]</ref> In 2017, the company was named an "Innovator Worth Watching" by The Christensen Institute.<ref name=":0" /> StraighterLine has had multiple rounds of investment, and in April 2012 received a 10-million dollar investment. Investors include: FirstMark Capital, [[City Light Capital]], and Chrysalis Ventures.
The company was founded in 2009 <ref>{{Cite web |title=BV Investment Partners New Investment in StraighterLine |url=https://www.straighterline.com/blog/bv-investment-partners-announces-investment-straighterline |access-date=2023-12-19 |website=www.straighterline.com |language=en}}</ref> by Burck Smith and David Parento as a division of Smarthinking, Inc., an online tutoring provider, and was spun out in 2010, shortly before Smarthinking was acquired by [[Pearson PLC]]. In 2011, the company was named one of "The 10 Most Innovative Companies in Education" by [[Fast Company (magazine)]].<ref name="WIRED">Anya Kamenetz "The 10 Most Innovative Companies in Education" [[Fast Company (magazine)]] March 15, 2011 [http://www.fastcompany.com/1738940/the-10-most-innovative-companies-in-education]</ref> In 2017, the company was named an "Innovator Worth Watching" by The Christensen Institute.<ref name=":0" /> StraighterLine has had multiple rounds of investment, and in April 2012 received a 10-million dollar investment. Investors include: FirstMark Capital, [[City Light Capital]], and Chrysalis Ventures.


The company is growing rapidly, in January 2012 StraighterLine was at 11 employees, by July 2012 it was at 22. As of September 2017, the company was at 50.<ref name=Bmoremedia>[http://www.bmoremedia.com/devnews/straighterline-expansion-071712.aspx StraighterLine Expansion]</ref>
The company is growing rapidly, in January 2012 StraighterLine was at 11 employees, by July 2012 it was at 22. As of September 2017, the company was at 50.<ref name=Bmoremedia>[http://www.bmoremedia.com/devnews/straighterline-expansion-071712.aspx StraighterLine Expansion]</ref>
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==CEO==
==CEO==


[[Heather Combs]] is the current CEO of StraighterLine. <ref group="SL" name="Our Team">About Us [http://www.straighterline.com/about-us/our-team.cfm]</ref>
[[Heather Combs]] <ref>{{Cite web |title=StraighterLine Welcomes Seasoned Executive Heather Combs as CEO |url=https://partners.straighterline.com/news/new-ceo |access-date=2023-12-19 |website=StraighterLine Pathway Services |language=en}}</ref> was named CEO, March 15, 2022 of StraighterLine. Shweta Kabadi <ref>{{Cite web |title=Team |url=https://www.bvlp.com/team/ |access-date=2023-12-19 |website=Boston Ventures |language=en-US}}</ref> of BV Investment Partners, a current investor, is the current, Interim CEO, as of December 19, 2023. <ref name="Our Team" group="SL">About Us [http://www.straighterline.com/about-us/our-team.cfm]</ref>


==Criticism==
==Criticism==

Revision as of 19:46, 19 December 2023

StraighterLine
Company typeHigher education courses for college transfer credit
Founded2009
FounderBurck Smith, David Parento
Headquarters1201 South Sharp Street Suite 110, Baltimore, MD 21230,
United States
Websitestraighterline.com

StraighterLine is a U.S. educational company that offers low-price, online higher education courses that are equivalent to general courses required for a bachelor's degree. The American Council On Education’s College Credit Recommendation Service (ACE CREDIT) has evaluated and recommended college credit for StraighterLine courses.[SL 1] The company is itself unaccredited, but has over 150 partnerships with accredited colleges and universities that accept its courses for credit.[1]

Courses

The company primarily offers McGraw-Hill course content delivered via a Moodle learning management system.[2] StraighterLine charges a flat monthly rate, plus a charge for each course taken. Straighterline requires proctoring for a course final exam. eTextbooks and tutoring are included for free with course purchase.[3]

StraighterLine offers more than 60 online college courses as of August 2022. [SL 2]

The company has strategic partnerships with the Educational Testing Service and the makers of the Collegiate Learning Assessment, as part of a plan to expand into offering validated tests from leading educational organizations.[4]

Professor Direct

StraighterLine launched professor led courses in December, 2012.[5] Professor Direct allows professors to set their own premiums on courses, charging any amount of their choosing per student.[6] This is the first time a business or school has allowed professors to set their own prices for courses that lead to college credit.[7] Students can choose between 8- and 15-week cohorts, or self-paced formats. At time of launch StraighterLine had 15 professors with masters or doctorate degrees.[SL 3]

Partners

StraighterLine has a network of over 150 partner colleges[SL 4] that guarantee full credit transfer, with nearly 2,000 additional institutions having accepted StraighterLine credits in the past. In 2016, the U.S. Department of Education selected StraighterLine to participate in the EQUIP program to test a financial aid partnership with Dallas County Community College District and the Council for Higher Education Accreditation.[8] In April 2018, StraighterLine launched its new partnership through the Department of Education's EQUIP Pilot Initiative. The program was the first of eight selected by the U.S. Department of Education (DOE) for its Educational Quality through Innovation Partnerships (EQUIP) initiative to launch to students.[9] Through the EQUIP experiment, students will be allowed, for the first time, to use federal student aid to enroll in programs offered by innovative, nontraditional education providers that are partnering with accredited colleges or universities.[10]

The online course provider began operations and has served over 150,000 students as of 2021.[SL 4]

History

The company was founded in 2009 [11] by Burck Smith and David Parento as a division of Smarthinking, Inc., an online tutoring provider, and was spun out in 2010, shortly before Smarthinking was acquired by Pearson PLC. In 2011, the company was named one of "The 10 Most Innovative Companies in Education" by Fast Company (magazine).[12] In 2017, the company was named an "Innovator Worth Watching" by The Christensen Institute.[8] StraighterLine has had multiple rounds of investment, and in April 2012 received a 10-million dollar investment. Investors include: FirstMark Capital, City Light Capital, and Chrysalis Ventures.

The company is growing rapidly, in January 2012 StraighterLine was at 11 employees, by July 2012 it was at 22. As of September 2017, the company was at 50.[13]

CEO

Heather Combs [14] was named CEO, March 15, 2022 of StraighterLine. Shweta Kabadi [15] of BV Investment Partners, a current investor, is the current, Interim CEO, as of December 19, 2023. [SL 5]

Criticism

Courses such as Straighterline are highly controversial with educators. Professors at Northern Virginia Community College, one of the schools involved with Straighterline, have voiced their objections to their administrators, citing lack of standards and rigor for testing.[citation needed] Additionally, complaints from students whose credits from courses they completed did not transfer to degree-granting institutions have been registered in online reviews and with the BBB.[16] The company retains an A+ rating with the Better Business Bureau.[17]

References

  1. ^ Jon Marcus "Online course start-ups offer virtually free college" The Washington Post January 21, 2012 [1]
  2. ^ Tamar Lewin "A Way to Speed the Pace" New York Times August 25, 2011 [2]
  3. ^ "StraighterLine's Free eTextBooks Eliminate Costs, Adds Convenience for Online Students". Blog | How to Save on Your College Degree | StraighterLine. 2017-03-08. Retrieved 2017-09-12.
  4. ^ Tom Ewing, ETS Press Release "ETS and StraighterLine Broaden Access to Student Data Through MyData Button Initiative" Educational Testing Service January 19, 2012 [3]
  5. ^ Paul Fain, Inside Higher Ed "Freelance Professors" Inside Higher Ed December 14, 2012 [4]
  6. ^ Jeffrey R. Young, The Chronicle "New Platform Lets Professors Set Prices for Their Online Courses" The Chronicle December 12, 2012 [5]
  7. ^ Fast Company "An eBay For Professors To Sell College Courses Directly To Students" Fast Company December 12, 2012 [6]
  8. ^ a b "Innovators Worth Watching: StraighterLine - Christensen Institute". Christensen Institute. 2017-08-08. Retrieved 2017-09-12.
  9. ^ "Dept. of Ed. Approves First EQUIP Program | Inside Higher Ed". Retrieved 2018-05-04.
  10. ^ "Expanding Pathways to Success After High School, U.S. Department of Education Approves First Innovative EQUIP Experiment | U.S. Department of Education". www.ed.gov. Retrieved 2018-05-04.
  11. ^ "BV Investment Partners New Investment in StraighterLine". www.straighterline.com. Retrieved 2023-12-19.
  12. ^ Anya Kamenetz "The 10 Most Innovative Companies in Education" Fast Company (magazine) March 15, 2011 [7]
  13. ^ StraighterLine Expansion
  14. ^ "StraighterLine Welcomes Seasoned Executive Heather Combs as CEO". StraighterLine Pathway Services. Retrieved 2023-12-19.
  15. ^ "Team". Boston Ventures. Retrieved 2023-12-19.
  16. ^ "StraighterLine Reviews - Legit or Scam?".
  17. ^ "BBB Accredited Business Review for Straighterline, Inc". www.bbb.org. Retrieved 2017-09-14.
  1. ^ StraighterLine - About Us [8]
  2. ^ StraighterLine - Course List [9]
  3. ^ StraighterLine - Professor Direct [10]
  4. ^ a b StraighterLine - Partner Colleges [11]
  5. ^ About Us [12]
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