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Chegg announced that it would launch a GPT-4 powered AI platform called Cheggmate later in May 2023. [23] By June, CheggMate was in testing mode, but wasn't expected to publicly launch until 2024. [24] By November 2024, Chegg's stock price had fallen 99%, primarily because of competition from ChatGPT. [25]
A 2009 article in The Chronicle of Higher Education stated that overseas writers only get paid between $1 and $3 per page out of the $20 to $30 US-customers pay per page. [1] Compared to US-based writers that work for essay mills, this is a very low rate.
In 2017, Chegg partnered with Sallie Mae to provide student borrowers access to Chegg Tutors. [7] In late 2020, Chegg announced that Chegg Tutors would be discontinued in 2021. The last day for lessons was announced as January 15, with the last payments to tutors to be made on January 22, and the site to cease operations on January 31. [8]
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