Yale University has recently
joined the ranks of Harvard, Princeton, UCLA and several other
universities that have successfully implemented policies against
commercial notes companies.
Many colleges and universities across the country are now discussing
appropriate policies to secure a respectful environment in which students
and teachers can fulfill their educational goals. The latest developments
in the world of commercial notes businesses, unfortunately, indicate it
will not be an easy road, for the invasion of e-commerce in education has
in many ways gained ground.
In recent months, notes companies have attracted millions of dollars in
financing from Wall Street investors. Versity.com has received $11.2
million in financing, while StudentU.com operates on some $6 million. To
secure revenue from Web site advertising, companies use mass mailings and
various advertising strategies, touting attractive salaries and impressive
job titles for notetakers. Freebies are given away and contests are held
to win lucrative prizes. Marketing techniques even lead companies to
dismiss professors' complaints. No wonder, the CEO of one notes company
called education a commercial enterprise.
Most alarmingly, several notes companies are currently expanding and
diversifying their businesses by acquiring other college-related
enterprises, such as book-selling sites, college news sites and many more.
StudentU.com formed the Uzone and subsequently bought out the publisher
of a college magazine. WhataboutU.com acquired two notes companies for an
undisclosed amount of cash and equity stake in the new company and plans
to launch an internationally oriented site of college notes across the
world.
With all this, it seems clear, the essential question is whether as
teachers and students we are still committed to a service oriented at
learning and teaching, or whether we will become buyers and sellers
dealing in product.
Mathieu Deflem
assistant professor of sociology,
Purdue University