Coursera: The ‘Amazon’ Of Online Education May Grow By Magnitudes — from seekingalpha.com

Summary

  • Increasing student dissatisfaction and declining enrollment suggest that many people are rethinking traditional methods of higher education.
  • The historical value of universities is becoming defunct as the internet allows a more efficient, less expensive, and more accessible vector of transmitting knowledge.
  • Innovative platforms like Coursera offer students a huge “marketplace” of high-quality courses far less expensive than those in traditional universities.
  • Given Coursera’s minimal barriers to growth and its massive total addressable market, I would not be surprised to see its annual revenue rise by 10X or more within years.
  • COUR may be one of the few recent IPOs which is actually trading below its fundamental fair value – subject to the assumption that online education will eventually supersede traditional models.
 
 

Black College Grads Borrow 35% More for a Public Education but Earn 22% Less Than Their Peers — from Kamaron McNair with thanks to Frankie Rendón for this resource

KEY FINDINGS
  • Census data shows that Black millennials with a Bachelor’s earn 22% less ($44,498 versus $56,731) on average than other degree-holding millennials.

  • Black millennials outpaced their peers in just three states — Oregon, Maine and Alaska. But only by an average of 2% — or roughly $1,200.

  • The earnings gap for recent graduates widened in more than half of U.S. states. From 2014 to 2019, the earnings gap for graduates widened in 28 states and the District of Columbia. The gap widened by more than 29 percentage points in Vermont, the most of any state.

  • The worst wage gap for Black millennials was in Montana, where Black bachelor’s degree graduates working full time earn 50.3% less on average than non-Black workers.

  • North Dakota recorded the smallest earnings gap at 2.7%. Here, Black millennial bachelor’s degree-holders earn just $1,400 less on average than non-Black earners.

  • Black students borrowed more in student loans than their fellow students. At four-year public schools, Black students and their families borrowed 35% more. Non-Black families contributed an average of $14,434 to their student’s education, more than double the $5,545 Black families contributed.

Also see:

 

Addendum on 6/23/21:

 

Optimizing High-Quality Digital Learning Experiences A Playbook for Faculty — from onlinelearningconsortium.org

 

Optimizing High-Quality Digital Learning Experiences A Playbook for Faculty

Excerpts:

This playbook is a collaboration between the Online Learning Consortium (OLC), the Association of Public and Land-grant Universities (APLU), and the Every Learner Everywhere Digital Learning Network. This playbook is designed to serve as a concise guide to address faculty needs for online course design, teaching, and continuous improvement.

One strategy that can enhance teaching presence in an online course is to provide audio and video content that can be developed with relative ease using multimedia applications. Creating micro-lectures along with other multimedia is a great option for designing online course content.

Creating your own closed-caption video content, along with video transcripts, is a practical option for communicating course concepts to students. You might also consider providing supplementary written materials or curating content from other sources to help students master course concepts.

 
 

From DSC:
You might be interested in reviewing one or more of the items out at Faculty Focus Live Podcasts.

Some example podcasts:

  • Episode 11: Assessing Online Student Learning: How You Can Gauge Activities and Writing Through Online Assessment
  • Episode 9: Live with Wendy Trevor: Overcoming Student Distaste for Collaborative Group Work Online
  • Episode 8: Establishing and Revisiting Our Teaching Philosophies and Teaching Personas
  • Episode 7: Finding the Missing Piece: How to Help Your Students Who Are Struggling with Online Learning

 

 

 

For College Finances, There’s No ‘Return to Normal’ — from chronicle.com by Mark S. LeClair
The critical problems facing higher education won’t end with the pandemic.

Excerpt:

Higher ed is in trouble. It faces a demographic crunch in 2026, when smaller high-school graduating classes will mean greater competition for students. That will lead to tuition discounting and underenrolled classes for many colleges. And yet that demographic crisis is only one of many significant challenges the sector faces. As noted by Forbes in its annual review of college and university financials, approximately 20 percent of all institutions now warrant a “D” ranking (its lowest). Many are under serious financial strain and may not survive.

The Forbes financial analyses have been warning of a worsening situation for years. The added stresses from the Covid-19 pandemic will further aggravate the untenable circumstances facing hundreds of institutions. There is now a very short window within which we must carry out significant reforms.

 

EDUCAUSE QuickPoll Results: Artificial Intelligence Use in Higher Education — from educause.edu by Christopher Brooks
Despite the visibility and energy surrounding artificial intelligence, higher education is taking measured steps toward incorporating this technology.

Excerpt:

We are on the verge of peak hype about how artificial intelligence (AI) can (and will) transform our lives. No fewer than seven emerging AI technologies were prominently featured on “The Gartner Hype Cycle for Emerging Technologies, 2020.” Several technologies on EDUCAUSE’s “The Top 10 Strategic Technologies for 2020” explicitly incorporate or are reliant on AI. And while AI might seem to be a technology in search of a campus, some promising applications have been emerging in domains such as teaching and learning, student success, and accessibility. But how widespread is the use of AI in higher education today? In this QuickPoll, we operationalized Elana Zeide’s categories of AI applications in higher education to better understand how and how widely AI is being used for institutional tasks, student success and support tasks, and instructional tasks.

 

This image relays AI Usage for Instructional Tasks -- bottom line-- AI won't be replacing instructors anytime soon

 


AI is not going to replace instructors anytime soon.
 

 

Caring for Students Playbook: Six Recommendations — from by Every Learner Everywhere in partnership with Online Learning Consortium (OLC) & Achieving the Dream

Table of C0ntents:

Caring for students playbook: six recommendations

 

Also see:

Online Learning -- OLJ -- The official journal of the Online Learning Consortium

 

Why Professors Should Ask Students For Feedback Long Before the Semester Is Over — from edsurge.com by Rebecca Koenig
This article is part of the guide Better, Faster, Stronger: How Learning Engineering Aims to Transform Education.

Excerpt:

About a month into each semester, Gayle Golden sets aside a little time to ask her students about their learning.

The journalism instructor at the University of Minnesota keeps the process simple, with brief questions similar to these:

  • What should keep happening in this class?
  • What should we start doing in this class?
  • What should we stop doing in this class?

Golden collects the results, which students give anonymously, then studies the feedback and makes a list of all the information she’s received. During the next class period, she discusses the findings with her students. She tells them which suggestions she plans to put into practice, which recommendations she can’t act on, and why.

From DSC:
Speaking of feedback…

I think it would be good to have our students journal about their learning — integrating their notes, readings, experiments, lectures, etc. Students could check in on these 3 questions for example.

And in the (potentially) digital process, they could also submit a form to their faculty member to answer the question:

  • What do I want my professor to know about my learning experience today?

Such a question could be electronically delivered to the professor on any given day. This type of feedback loop would provide real-time, formative feedback to the professor as well as help the students develop their metacognitive skills.

I would think that such a process could also be used within the K-12 realm, including homeschoolers.


Also from edsurge.com, see:


 

 

Gov. Kemp Announces Technical Skills Training Commitment to Prepare 5,500 Georgians for Cloud Computing Careers — from gov.georgia.gov

Excerpt:

Atlanta, GA — [On June 9th], Governor Brian P. Kemp announced a collaborative initiative between the Technical College System of Georgia (TCSG), the Georgia Department of Education (GADOE), the Technology Association of Georgia (TAG), and Amazon Web Services (AWS) to provide cloud computing training and education to 5,500 learners statewide by 2024. Through this initiative, high schools and technical colleges in Georgia will offer cloud computing courses and credentials that align with skills needed to pursue in-demand technical careers.

“The tech industry in Georgia is rapidly growing with exciting job opportunities for Georgians,” said Governor Kemp. “This collaboration with AWS will ensure our citizens have access to innovative training and education to help prepare them for tech jobs in Georgia.”

 

2021 CHLOE 6 Report
CHLOE 6: Online Learning Leaders Adapt for a Post-Pandemic World — from qualitymatters.org

CHLOE 6: Online Learning Leaders Adapt for a Post-Pandemic World

Excerpt:

The 2021 report, authored by Quality Matters and Eduventures® Research, tracks how institutions are reassessing their priorities related to online learning and shifting focus to ed tech enhancements, faculty professional development and online quality. The report was compiled from responses from 422 chief online officers (COO) representing 2- and 4-year colleges and universities.

More than half of the survey respondents (57%) across all sectors of higher education, including predominantly in-person institutions, indicated that, going forward, the pandemic experience is leading to a positive reassessment of institutional priorities related to online learning. Key survey findings from the 69-page report include:

  • An elevated commitment to online learning quality assurance goals, including having courses meet quality standards, supported by a commitment to faculty professional development.
  • An average 10-15% increase across institutions in online professional development and student orientation to online study to serve formerly in-person faculty and students.
  • The largest yearly increases ever in ed tech investment in 2020 and 2021 across all sectors of higher ed.
 

The Short-term Credentials Landscape — from newamerica.org by Monique O. Ositelu, PhD, Clare McCann, and Amy Laitinen
What We See and What Remains Unseen

Abstract

Given the rapid growth in short-term programs, and policymakers’ fast-growing interest to invest federal higher education dollars into very-short-term credentials, we explore what the research does—and does not— show us about such credentials’ utility in the labor market. With concerns about equity, our review of the literature guides us towards caution, as a strong push for short-term certificates may run the risk of reifying socioeconomic stratification.

From DSC:
I wonder…will accreditation move towards the use of crowd-sourced methods? Similar to rating one’s driver or one’s experience with a product, will microcredentials get into more reviews and recommendations from the users of various learning/training-related sites and services?

Will users of a service comment on whether the credential helped them (with a salary increase, with practical knowledge, with an expanded scope of projects at work, etc.)?

 

6 Emerging Technology Trends in Higher Education — from edtechmagazine.com by Amelia Pang
From artificial intelligence to microcredentials, here’s a look at the future.

Excerpts:

1. The Growth of Artificial Intelligence in Higher Ed
2. Actualizing the Potential of Data Analytics to Improve Education
3. A Permanent Place for Blended and Hybrid Course Models
4. The Expansion of Open Educational Resources
5. Microcredentials Provide Business Opportunities for Higher Ed
6. More Investments in Quality Online Learning

 

Planning for a blended future: A research-driven guide for educators — from everylearnereverywhere.org by Every Learner Everywhere in partnership with Online Learning Consortium (OLC) & National Research Center for Distance Education and Technological Advancements (DETA)

Excerpt:

The purpose of this guide
This resource is a collaboration among the National Research Center for Distance Education and Technological Advances (DETA), the Online Learning Consortium (OLC), and the Every Learner Everywhere Network. It is designed to serve as a resource for educators — faculty, instructors, instructional staff, instructional improvement staff, instructional designers, learning experience designers and developers, technological support staff, and other stakeholders — to guide strategic planning for blended learning courses and programs.

Therefore, blended learning is instruction that blends technological, temporal, spatial, and pedagogical dimensions to create actualized learning. Students feel they are successful when they actually learn and that does not always equate to grade and course completion.

Blended learning is instruction that blends technological, temporal, spatial, and pedagogical dimensions to create actualized learning.

KEY IDEAS

  1. Designing courses to meaningfully integrate the different environments and temporal cadence (online and onsite, live and overtime) while incorporating an active learning approach can improve student outcomes in blended and hybrid courses.
  2. Faculty must become guides for students and their engagement by intentionally and strategically using a variety of modalities to scaffold learning.
  3. By designing and scaffolding blended courses effectively, faculty can avoid the common pitfall of course and-a-half-syndrome, which occurs when the online portion of a course is tacked on, creating busywork for students.
 
© 2024 | Daniel Christian