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Chegg to Buy Coding Bootcamp Thinkful for $80 Million

Edsurge

Chegg , a Santa Clara, Calif.-based The acquisition will cost Chegg about $80 million in cash for Thinkful, with possible additional payments of up to $20 million in cash or stock based on performance, according to a statement Wednesday. Chegg had been holding onto $1.1 Both companies’ boards of directors have approved the deal.

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Chegg A Great Website and App to Rent eTextbooks and Access Homework Help Resources

Educational Technology and Mobile Learning

Chegg is an educational website and app that offers academic help for students in various school subjects. More specifically, Chegg offers three main services: Chegg Study , textbook rentals, and.read more.

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More Students Are Using Chegg to Cheat. Is the Company Doing Enough to Stop It?

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The biggest facilitator appears to be Chegg, which has become synonymous with cheating. A recent investigation by Forbes magazine called Chegg a “superspreader” of cheating; a majority of the 52 students it interviewed said they used it for that purpose.

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Chegg Expands Student Debt Relief Benefit for Employees—Up to $5,000 More a Year

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Now, a publicly-traded education company that serves millions of college students has ramped up student debt relief services for its own employees. Chegg , based in Santa Clara, Calif., Chegg , based in Santa Clara, Calif., To be clear, this is not a new perk for Chegg employees. Student loan debt in the U.S.

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Will ChatGPT Make Students Turn Away From Homework-Help Services?

Edsurge

The homework-help business — led by giants like Chegg and Course Hero — has long been both profitable and controversial. The popularity of Chegg’s subscription service even became a verb: “Chegging.” I think that's a naively optimistic take,” Hill says of the notion that AI will help rather than hurt Chegg. “[But]

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Now With a ‘Sizable Cash Hoard’ of $1 Billion, What Might Chegg Buy?

Edsurge

Chegg , a publicly-traded provider of textbook rentals and online student services, has closed a $700 million convertible note offering that, after taking expenses into consideration, should give the company an additional $682.7 A Chegg spokesman declined to comment or share additional details. million in cash. million in equity ).

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Codecademy, an Early (and Now Profitable) Pioneer of Coding Education, Raises $40M in New Funding

Edsurge

And its announcement of a $40 million Series D round, led by Owl Ventures, is recognition of years of growth at the forefront of programming education. We’ve been cashflow positive for more than 18 months at this point … I think that's a rarity in the world of technology startups and in the world of fast-growth, education-technology startups.”

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