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According to an interview at http://www.elearnmag.org/subpage.cfm?section=articles&article=17-1 :

LISA NEAL: How much do you pay instructors?

BRIAN MUELLER: We've got three levels of salary depending upon your academic achievements, your academic degree, and the amount of experience you've had teaching and the number of courses you've taught with us. Faculty members are hired one course at a time, each course is an individual contract, and you're going to get paid anywhere between $850 and $1,500. Hopes this helps someone!

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