[caption id="attachment_43378" align="alignleft" width="150" caption="MyEdu was launched in 2009."][/caption]

The president of the University of Texas System’s flagship campus in Austin says he didn't seek a $10 million dollar deal that was reached between UT System regents and a politically connected online company.

Regents voted in August to invest $10 million for a 22.5-percent stake in Austin-based MyEdu Corp., which runs a website where students can rate their courses and professors online. The company has close ties to the system's former chancellor, his son, and associates of Texas Gov. Rick Perry.

“That was...

Subscribe to Read More

Are You an Educator?

Get Free online access to all our
news and resources and get
eCampus News Today email newsletter