Higher ed investments in student systems doubled last year, report finds — from highereddive.com by Natalie Schwartz
Dive Brief:
- Higher education investments in student technology systems doubled in 2021 compared to the year before, marking the largest annual increase over the past decade, according to a new report from the Tambellini Group, a technology research and advisory firm.
- However, many college leaders are hesitant to invest in modern cloud student systems because most of these products still lack the functionalities institutions seek. The Tambellini Group based its findings on technology spending by more than 3,600 U.S. institutions.
- Vendors are adding new tools and enhancements to their student technology systems to respond to increased pressures on colleges to improve their enrollment, retention and other student success metrics. That includes by providing engagement analytics and automated alerts.
Also from highereddive.com:
- Buoyed by federal aid, state higher ed funding rose by 4.5% in fiscal 2021 — by Jeremy Bauer-Wolf