Press Release
Media Contact: Kelsey
Ill
(857) 221-9772
kelseyill@eduventures.com
EDUVENTURES STUDY HELPS COLLEGES AND UNIVERSITIES UNDERSTAND GROWING COMPLEXITY OF ONLINE HIGHER EDUCATION MARKET
Maturing Market Creating New Challenges for Schools
(Boston, MA) November 26, 2007
- As the online higher education continues its transformation – moving
from the periphery to the mainstream – schools offering online
programming will find themselves competing in an increasingly complex
market, according to Eduventures' latest report, Understanding the National Online Higher Education Market.
The
most detailed examination of the size and shape of the U.S. online
higher education market ever conducted, the report estimates there are
currently 1.5 million 100% online students; these students represent 8%
of all students at U.S. degree-granting, Title IV schools and 20% of
adult students.
As
the number of students undertaking online study continues to grow and
the market matures, the report maintains that providers of online
courses will face different scenarios and challenges depending on their
size, reputation, and location.
The
report aims to help administrators of online programs meet these
challenges and develop effective expansion plans by providing them with
a clear picture of online market size and shape in their home states,
regions, and across the nation; new data on consumer demand for online
higher education; and up-to-date information on the status of state
regulation of out-of-state distance learning.
According
to Richard Garrett, Program Director and Senior Analyst of Eduventures
Online Higher Education Learning Collaborative and the author of the
report, understanding the geographical distribution of their students,
as well as the ongoing implications of new competition, market
positioning, and state regulation, will be key to the future success of
online schools.
"The
days of one online market, one online student, and one online value
proposition are coming to an end," said Garrett. "In a maturing market,
irrespective of school circumstances, targeting, segmentation, and
differentiation are critical."
A series of 11 reports, Understanding the National Online Higher Education Market
is available exclusively to members of Eduventures Online Higher
Education Learning Collaborative. Members jointly underwrite online
market and best practices studies, and have access to custom research
to serve the interests of individual institutions. Topics covered in
the report will also be the subject of a live Web conference being
hosted by Eduventures on December 3rd at 2 p.m. ET. More information
about this free Web conference can be found at www.eduventures.com.
About Eduventures
Eduventures is the industry leader in collaborative research and
consulting for higher education. Eduventures is committed to providing
colleges and universities with cost-effective, data-driven research and
analysis designed to improve critical operations and practices. More
than 300 higher education institutions participate in one or more of
Eduventures’ six Learning Collaboratives: Continuing and Professional
Education, Development, Enrollment Management, Online Higher Education,
Schools of Education, and Student Affairs. These collaboratives provide
members with research reports on current trends and issues, custom
analysis, and implementation support, including opportunities to
network with fellow professionals. More about Eduventures can be found
at www.eduventures.com.