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Coursera's co-founder Daphne Koller said the "rising cost of higher education has had a devastating impact on students".
BBC: Gates Foundation funds online university open access
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Coursera co-founder Daphne Koller said online university networks could "offer a high quality learning experience to anyone who wants it".
BBC: Online university giant gets bigger
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The opinions expressed in this commentary are solely those of Daphne Koller.
CNN: Top college courses, for free?
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"We noticed the vast majority of ours students were people who already had degrees and wanted to continue their education, " said Coursera co-founder Daphne Koller.
WSJ: Higher ed systems in 10 states turn to Coursera
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Founded by two Stanford computer science professors, Daphne Koller and Andrew Ng, who took a leave to start Coursera, the company has yet to lay out a plan for generating revenue.
FORBES: Free Online Education Site Announces Big Expansion
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"We hope to support millions of teachers around the world in expanding their skills, networks and knowledge, by opening up access to some of the best resources out there, free of cost, " said co-founder Daphne Koller.
BBC: Online universities launching courses for teachers
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T. and Coursera, founded by Stanford computer science professors Andrew Ng and Daphne Koller, offering MOOCs taught by professors at top schools like Harvard and Stanford and lesser known institutions like the University of Maryland at College Park.
FORBES: Free Online College Courses Take Big Step Forward