Paul J. LeBlanc remembers the day, about a decade ago, when a public research university in New England announced that it was starting an online M.B.A. Southern New Hampshire University, where LeBlanc is president, had just rolled out its own ambitious online program and started its rise from undistinguished private institution with a few thousand students to today’s online-education juggernaut with more than 92,000 undergraduates enrolled.
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