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      "text": "Competitor take-rate is 40% vs. \"low to mid 60%\" stated by 2U",
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      "text": "We obtained the University of Illinois MBA Contract with Coursera (2U Competitor) that was signed in March of 2017. Coursera’s take-rate is 40%.",
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      "text": "Source: University of Illinois FOIA request",
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      "text": "The Fallacy of Steady State Revenues: Lower Take-Rates Have Arrived!",
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