September 27, 2021

The Old Guard Shut Down Ivy Bridge…

IvyBridge_logo

Paul we feel for you!  It’s a sad day when innovation gets thwarted because of success, fear & political Bull S%$@

Buzzfeed has a good article on the sorry state of our political system and how the publicly stated goals of our president’s administration are being blocked by the very same party pitching them.

 

 

Last Week, President Barack Obama was speaking to students in Scranton, Pennsylvania.

“We’re going to encourage more colleges to innovate, try new things, do things that can provide a great education without breaking the bank,” he told the cheering kids, and the nation’s nervous college administrators. “For example, a number of colleges across the country are using online education to save time and money for their students.”

Across the country in San Francisco that same day, Paul Freedman, the founder of a company that had won a grant funded by the Gates Foundation to do roughly what the president described, got a FedEx package from the federal government.

This was not a letter of commendation. It was a notice from President Obama’s Department of Justice that his company, Altius Education, is under federal investigation. The notice was the culmination of a more than two-year battle between Altius and the Higher Learning Commission, one of two members of the 118-year-old North Central Association of Colleges and Schools, which controls accreditation — the vital credential that gives college degrees value — for over 1,000 colleges and universities in 19 states. The HLC’s university backers have an obvious interest in avoiding the sort of low-cost competition that reformers, and now the president, seek. And commission documents that have not been released publicly, but were provided to BuzzFeed by Altius, paint a picture of a regulator that punished the company specifically for doing something — trying to reinvent a low-cost new college education — that are core goals of federal policy. And so even as Obama trumpeted innovation from the stage in Scranton, Freedman’s attempt to put it into practice seemed to have hit a wall.

For more

Read it: http://www.buzzfeed.com/matthewzeitlin/how-the-old-guard-shut-down-an-experiment-in-education

 

 

Online College Survey Highlights

The Following graphs represent the results of the recent online college survey.ChartExport (10) ChartExport (11) ChartExport (12) ChartExport (13) ChartExport (14)

why did you choose online degree

Distance education has been very good for the business school at the University of Massachusetts at Amherst

Many non profit are leveraging an online program to help defray rising costs associated with their campus locations.  Umass is an example of success.

The 11-year-old online program accounts for just over a quarter of the enrollment at UMass’s Isenberg School of Management, yet revenues from the program cover about 40 percent of the school’s $25-million annual budget. And that’s after UMass Online, the in-house marketing agency, as well as a few other arms of the university have taken their cuts.

The business school’s experience helps to illustrate the economics of distance education and the way one college with a marketable offering is using online education to help its bottom line.

If you are at a non profit school and would like help launching or growing your online programs please contact us!

Click: Read full article on the Chronicle

Interesting Google study on consumers and how they find their education.

If you haven’t already seen it, you should take a look at the Google consumer EDU study.  Titled Education Trends thru the eye of the consumer, it takes into account the path’s consumers take when evaluating and making the decision for choosing education.

If you are a school and would like help with navigating marketing please feel free to contact us for free information.

 

Click Here To view the study: http://www.thinkwithgoogle.com/insights/library/studies/education-trends-through-eyes-of-customer/

In an Economic Storm, a College Degree Is Still the Best Umbrella!

is college worth the moneyIn an article by Eric Hoover, The Chronicle it seems Georgetown’s study backs what our industry has been saying for ever….

 

Weathering the recession with a college degree can be tough. Weathering it without one is much tougher.

That’s the main finding of a new report based on a study by Georgetown University’s Center on Education and the Workforce. According to a report on the findings, the vast majority of jobs lost during and after the recession were held by workers with no more than a high-school diploma.

On the flip side of the job-loss equation, most gains during the recovery came in the form of jobs filled by workers with at least some postsecondary education. “The gradual shift to more educated workers has been going on for decades,” the report concludes, “but the recession gave it a mighty push.”

Click Here to read full article

Special VIP listing & Discount to For Profit EDU Members for the Private Equity Investing in For Profit Education & Services companies Conference!

education investment conferenceForProfitEDU would like to extend an exclusive invitation to you to attend The Capital Roundtable’s conference on Private Equity Investing in For-Profit Education Companies, being held on Thursday, July 26th in New York City.

As a partner & sponsor, we have the privilege to put your name on our VIP list, allowing you to register for a special rate of $995 — $400 off the standard registration price.

This day-long conference is being chaired by Larry Shagrin of Brockway Moran & Partners, and features 20 expert speakers.

Click here to view the conference webpage: http://capitalroundtable.com/masterclass/For-Profit-Education-Private-Equity-Conference-2012.html

This special rate is not available online – to register please call Mara Kane at 212-832-7300 ext. 0, or email her at af@capitalroundtable.com. Be sure to use our Group Name: ForProfit EDU or my name to qualify for the discount.

Please register as soon as possible to reserve your seat!

I hope to see you on July 26th for what promises to be a great day!

Best regards,
name
Tom

Schools utilizing assessments and other services to help prospective students identify right Degree Program

 

education best practices

Over the last 18 months many schools have taken the time to investigate ways they can both improve student intake and outcomes.  Schools have looked at everything from orientations, trail periods, profiling, lead scoring and assessments.  Most agree that is great to see schools focusing on quality in as it makes for significantly improved metrics & outcomes.  When a school demonstrates that their desires and commitments are in the best interests of the prospective student it builds a bond of trust and appreciation.  By taking a little bit of time to better understand the desires, motivations and interests of the student a schools is far more likely to create a better experience and satisfaction with it’s student body.

Over the coming months we will begin to explore some of the tools & services schools are utilizing to improve recruitment & retention, we will share these with those in our LinkedIn group with the hope that you will also share your successes with the rest of us.

Members of our LinkedIn group will receive emails profiling the services.  If you are within the industry please feel free to join our LinkedIn group by clicking on the linked button top right of the page.

Crossing to the Dark Side? An Interview-Based Comparison of Traditional and For-Profit Higher Education

american enterprise institute

American Enterprise Institute recently published a paper on comparison between for profit education and non-profit education.

 

In the past year, for-profit higher education providers have
been thrust into the spotlight. The fastest growing postsecondary
sector has come under unprecedented scrutiny
from policymakers, regulators, and the media. Critics
have zeroed in on a range of concerns, from perceived
dubious recruiting tactics and overblown promises about
students’ future employability to excessive student debt
and problematic default rates. For their part, for-profits
have deployed a formidable lobbying apparatus to argue
that their efforts are being unfairly maligned with applesto-
oranges comparisons that do not do justice to the
important education access they provide to previously
underserved students.
Largely missing from the debate, however, has been a
more detailed look at how traditional and for-profit institutions
differ in important areas like administration,
instructor experience, mission and governance, data collection
and use, and student recruitment and retention.
This paper is an effort to get beyond sensationalized headlines
and examine these questions from the point of view
of individuals who have moved from the traditional to the
for-profit sector—or kept a foot in both. These insiders
highlighted a variety of characteristics they say distinguish
the for-profits where they work from the nonprofit institutions
with which they are also familiar.

Trial, Error, and Measurement. Perhaps the biggest appeal
of for-profits for those who have joined the sector is that
they are relatively new postsecondary institutions—works
in progress in which experimentation is encouraged and
inevitable.

Rethinking the Faculty’s Role.

Practical Instruction and Student Support.

Click Here to read the complete paper

Moneycollege: Where is the Billy Beane of Higher Education?

Interesting article from University Ventures Fund:

If you’ve seen Moneyball, the new baseball film about the unlikely success of the Oakland A’s and their out-of-the-box-thinking General Manager Billy Beane, you may have already drawn parallels to the current state of higher education. If not, we’re pleased to do it for you!

Like baseball ten years ago, higher education is focused on what’s easy to measure. For baseball it may have been body parts, batting average and the number on the radar gun. For higher education, it’s the 3Rs: research, rankings and real estate. Each of these areas is easily quantified or judged: research citations or number of publications in Nature and Science; U.S. News ranking (or colleges choose from a plethora of new entrants to the ranking game, including the international ranking by Shanghai Jiao Tong University); and in terms of real estate, how much has been spent on a new building and how stately, innovative and generally impressive it appears.

Unfortunately, the 3Rs correlate about as closely to student learning and student outcomes as batting average or fastball velocity, which is to say, not at all. Buildings are the “ugly girlfriend” of higher education.

Universities that continue to focus on the 3Rs in the wake of the seismic shifts currently roiling higher education (state budget cuts, increased sticker shock, technology-based learning) are either not serious about improving student learning and student outcomes, or they’re like the baseball fan who has lost her car keys in the stadium parking lot at night: Where does she look for them? Not where she lost them, but under the light because that’s where she can see.

To read the entire article: http://universityventuresfund.com/publications.php?title=moneycollege-where-is-the-billy-beane-of-higher-education

Is For Profit Education Dead?

for profit education dead?

New article by Michael Clifford on significant Ventures

Some would say that the for-profit postsecondary sector is on its last legs… DOA. Capitalism.” He calls this framework for success his Four Gospels of Higher Education:

Fifteen publicly traded education companies have seen their stocks decline by 33% on average since December 2009 versus a 5% increase for the S&P 500. Media accounts abound of allegations regarding improper practices at publicly traded companies, including marketing misrepresentation and fraudulent reporting of placement rates. Twenty state attorneys general are investigating for-profit institutions. No other sector has been as demonized as the for-profit sector has among state and federal politicians over the past several years.

to read the article in its entirety: http://significantfederation.com/eblast/2011.09.14/landing/