- About Eduventures
- Coverage Areas
- Eduventures Summit
- Wake-Up Call
- Contact Us
By Richard Garrett, Chief Research Officer
Once again, I’m throwing caution to the wind with some predictions for the coming year. (For a look at my form, please see an assessment of my 2017 forecast.)
In January 2017, I made five predictions for the New Year:
Research firms are always making giddy forecasts and market-changing predictions, but it is rare to see much reflection on accuracy. So almost a year on, was I right? Yes and no.
Amid all the arguments about affordability, debt, and graduate employment, colleges can rely on one thing: college pays. In 2015, according to the U.S. Census and the Bureau of Labor Statistics (BLS), median earnings for people with a high school diploma as their highest educational attainment were $31,612. For people with a bachelor’s degree or higher, the median was $54,537, 73% greater. Over a lifetime, if the gauge is confined to money, and allowing for tuition, living costs, and foregone wages, it is hard to argue against the proposition that college is worth it.
By Richard Garrett, Chief Research Officer and Eduventures Analyst Team
The NACAC 2017 National Conference, held here in Boston last week, says something about the essence of higher education. Thousands of high school and college counsellors and other recruitment professionals travel from all over the country – and the world – to spend most of their time not going to sessions. Contacts, relationships, networking, and yes, socializing, is what it’s all about. That’s how you get ahead, hit your enrollment number and build your class.
By Richard Garrett, Chief Research Officer, Eduventures
Ron Legon, Senior Adviser for Knowledge Initiatives and Executive Director Emeritus, Quality Matters
It’s now more than 20 years since online learning came on the scene. At the outset, many skeptics questioned its quality and reliability. Online learning faced widespread resistance among faculty conditioned by centuries-old, classroom-based education and lacking in computer skills. There were substantial start-up costs, technical deficiencies, and regulatory uncertainty to overcome.
What is online learning for? In higher education, we would say: Online learning helps non-traditional students fit study around family and work responsibilities, and reduce indirect costs such as travel. Online learning means schools can reach many more students, and students have a much wider choice of schools.
Another year, another slew of higher education conferences. Why come to ours? The next Eduventures Summit will be held at the Intercontinental Boston Hotel, June 7-9, 2017.
Higher education and conferences have a lot in common. Put lots of clever people under one roof, discuss some big topics, and hope that everyone goes home smarter.
Standing on the edge of 2017, ahead of a Trump presidency that even 12 months ago hardly anyone predicted, means both that change is coming and direction is far from certain. In this first Wake-Up Call of 2017, we present five predictions for higher education focused on innovation and non-traditional schools. Hint, a Trump presidency looms large.
The demise of Corinthian Colleges and ITT might be regarded as inevitable churn in a dynamic industry, but it also raises existential questions. The for-profit pitch is that many non-traditional students are better served by teaching-only, career-oriented institutions that emphasize the student as customer. Yet, the problem for the sector is twofold:
This week ITT Technical Institute collapsed under the unbearable weight of multiple state and consumer advocate investigations, an SEC probe, an ongoing “show cause” from its accreditor, and heightened cash monitoring imposed by the federal government. Withdrawal of federal student aid eligibility for new students was the final straw. ITT was right to point out that none of these matters were resolved – even if the evidence looked damning – but the Department of Education was clearly unwilling to wait. ITT’s accreditor, ACICS, is itself at serious risk of loss of recognition, and if the history of lawsuits against for-profit higher education institutions tells us anything it’s that resolutions are rare, slow and ambiguous.