Online Learning: Is College (Finally) Ready For Its Innovation Revolution? — from The Atlantic by Derek Thompson; originally saw this at one of Ray Schroeder’s blogs

“The price of college is going to fall, and the Internet is going to cause that fall. The rest of it is really difficult to figure out.”

Is Higher Education Ready for “The Education Bubble”? — from CampusTechnology.com by Trent Batson

Excerpts:

American higher education–the jewel in the global crown of universal education, with nearly a quarter of the total number of higher education institutions in the world, and including graduate programs that are the envy of the world–is facing the prospect of being the next bubble to burst. Technology is both a culprit and a promising ally.

The spread of information technology, and its infusion into our culture, has opened the world to learning opportunities–raising expectations for college graduates and changing the terms of success.

Is American higher education ready to either prevent the bubble from bursting or to weather the storm when it does burst? And what is the bubble?

The bubble, as we can see by all the dimensions just described, is, in fact, a potential “perfect storm.”

But this effort must also result from a presidential-level decree: “The learning theory that fit so well in our culture and with the dominant technology pre-1995 (print-based and paper-based technologies), now is not working very well for any of us, so we have to change. Each of you on campus has sincerely and devotedly committed yourselves fully to learning, but now we know that our learning epistemology is less and less appropriate. This is not your fault; it is simply a time of incredible human growth; it is a time of rapid evolution in our culture; a time of re-shaping our economy. We must transform or become irrelevant.”

 

From DSC:
Good to see I have some company in these perspectives; thanks for the article Trent. Also see:

  • The Forthcoming Walmart of Education
  • The below graphics that I created a while back reflecting on whether there was a bubble building within higher ed (2/16/09) as well some of the elements of “The Perfect Storm in Higher Education” (9/10/10).
  • The point is we need a response to these trends — we don’t want to be broadsided.

 

The perfect storm in higher ed -- by Daniel S. Christian

Is higher ed the next bubble?

 

Daniel S. Christian: My concerns with just maintaining the status quo (from 2009).

From 5/21/09

Update on “Perspectives on the elephant of college pricing” — by Lloyd Armstrong, University Professor and Provost Emeritus at the University of Southern California

Excerpt/conclusion:

The situation from all perspectives is obviously greatly exacerbated by the current unusually bad economic times. Pressures to increase discounting have been enormous for many institutions, especially those whose selectivity is lower. Economic times eventually will get better, of course, but NACUBO warns that it may be some time before institutions see the year-to- year gains in net tuition revenue they experienced before the beginning of the economic downturn. In fact, there are increasing indications that there may not ever be a return to such gains for many institutions.  There are serious questions being raised by the general public regarding whether higher education produces a value equal to its cost. This issue will hit those institutions that are “non-elite” most strongly, and make it increasingly difficult for them to raise tuition at the historic rate.   It also may well be the case that the American public will be more cautious in taking on loans in the future, and thus will look much more carefully at the concept that a loan is really decreasing the net cost of education (as the current terminology implies). Should this happen, it could significantly raise pressure to raise grant aid, leading to higher discount rates.

All in all, the data clearly indicate that the current cost/price model of higher education is working less well with each passing year from each of the three perspectives. Is it time to start thinking of sustainable alternatives?

Key education issues dividing public, college presidents, study finds — from the WSJ by Kevin Helliker

The general public and university presidents disagree about the purpose of college, who ought to pay for it and whether today’s students are getting their money’s worth.

But university presidents and the average American agree that the cost of higher education now exceeds the reach of most people.

Those are broad findings from a pair of surveys released late Sunday from the nonprofit Pew Research Center. The surveys took place this March and April, one posing college-related questions to 2,142 American adults, the other to 1,055 presidents of colleges large, small, public, private and for-profit. The two surveys contained some identical questions and some peculiar to each group.

Excerpt of report:

As is the case with all Center reports, our research is not designed to promote any cause, ideology or policy proposal. Our only goal is to inform the public on important topics that shape their lives and their society.

Higher education is one such topic. The debate about its value and mission has been triggered not just by rising costs, but also by hard economic times; by changing demands on the nation’s workforce; by rising global competition; by growing pressures to reduce education funding; and by the ambitious goal set by President Obama for the United States to lead the world by 2020 in the share of young adults who have a college degree.

 


From DSC:
I submitted the following comment to the solid article “Fixing accreditation, from the inside” (from today’s InsideHigherEd.com posting by Doug Lederman)


Thank you for the article/posting here.

Re: the committee:

  • Where are the students?
  • Where is the representation from those outside academia?
  • That is, can more parties who pay the bills for education be represented?

Re: higher ed as an industry:
I am a liberal arts grad and I work at a liberal arts college; as such, I believe in the value of liberal arts. However, I’ve been reflecting upon why the teaching and learning environment has been changing so much and why higher education has become more of a business.

Actually, I think it’s always been somewhat of a business, but even more so these days. The key reason for me involves the *cost* of obtaining an education.

It’s one thing to charge $3000/yr for tuition and it’s another to charge $25,000+/yr for tuition. If it means essentially having to pay the price of a house to obtain an education for your children, doesn’t the set of expectations change for students? For the parents of those students? For businesses who are helping pay the tuition of their employees?

If the accreditation bodies don’t respond to the growing suspicion towards them — and towards higher education as a whole — it will be like water going around a rock in a stream. People will flow right by them — whether the government assumes control or not.


Staying Relevant

From DSC:
Is there any doubt anymore that we are in a game-changing environment? This is but one of the storm fronts creating the perfect storm within higher education. The graphic I created below lays out some of the other storm fronts
(and I’m sure I missed some of the other pieces, but these are some of the key drivers of change).

NOTE:
I don’t mean to be a chicken little here or a doomsdayer — rather what I’ve been saying is not speculation. It is reality. Those who choose not to deal with things as they really are — and will be — will be the ones most likely to be broadsided in the months/years to come.


 

Universities slash budgets nationwide — from ABC News by Teresa Lostroh

Colleges across the country are facing layoffs, program cuts, tuition hikes and possible campus closings as they brace for major reductions in state funding — again.

The leaders of Penn State University are wondering if they’ll have to close some of their branch campuses next year, and more than 400 faculty positions may be on the chopping block.

In California, class sizes are swelling while class offerings are shrinking. One community college district in San Diego has cut 90 percent of its summer courses. And in Washington, universities are increasing the enrollment of out-of-state students, who pay about three times as much as in-state students, while considering trimming resident enrollment.

Colleges and universities, which can levy revenue through tuition hikes, are a primary target for cuts when states are in a budget bind.

“This year is going to be the hardest year on record,” said Dan Hurley, director of state relations and policy analysis for the American Association of State Colleges and Universities, which has 420 member institutions. “Any new revenue at the state level is being gobbled up by Medicaid and K-12 education,” he said, and much of the federal stimulus money expires this year, setting up the perfect storm for higher education.

 

(9/10/10) Graphic from DSC:

Also see:

 

 

WorldFuture 2011: Moving from Vision to Action
…promises to be a fun, fast, and information-packed weekend, but have you considered taking a “deeper dive” into a particular futurist area at a preconference course.  These sessions, held on the Thursday and Friday before the opening General Session, take an in-depth view of important topics. Follow the links below to learn more and register for these sessions or luncheons.

Preconference Courses
Thursday, July 7

Friday, July 8

 



Education Summit | Thursday and Friday, July 7-8
Education and the New Normal



 

Don’t forget to register for luncheon sessions before these special events sell out. Register online.

The future of television: Why you won’t recognize your television just a few years from now — from iptvmagazine.com by Scott Puopolo, Cisco

Excerpt:

Imagine you are watching a program on your refrigerator. You browse through the program choices using hand gestures. When you walk into the bathroom, the display of your program automatically transfers to the display inside the bathroom mirror.

Does this seem farfetched? All of these capabilities are here now and research gathered by the Cisco “Internet Business Solutions Group” (IBSG) from manufacturers, content producers, service broadcasters and academic experts identifies amazing predictions of what is going to happen in the TV industry and when these changes are likely to occur.

Analysis of the research shows that the three main influences to these events happening include technology, consumer behavior and business models. Multiple supporting technologies have emerged including displays (digital paper and projection devices), ultra-high bandwidth connections and new types of human interfaces (sensory devices). The ways consumers discover and consume media are changing including using social networks (Digg) and on demand content (YouTube), and participating in the creation of TV programs. Business models are changing from pushing a limited number of linear based channels to aggregating many content sources (NetFlix), recommending relevant programs, and adapting media for specific viewers (personalized ads on Facebook). Using this information, the IBSG has identified 10 Predictions for the future of TV.

Higher education’s toughest test — from by Jon Bischke and Semil Shah

In the debate sparked by Peter Thiel’s “20 Under 20 Fellowship” (which pays bright students to drop out of college), one fact stands out: the cost of U.S. post-secondary education is spiraling upward, out of control. Thiel calls this a “bubble,” similar to the sub-prime mortgage crisis, where hopeful property owners over-leveraged themselves to lay claim to a coveted piece of the American dream: home ownership.

Today, however, the credentialing provided by universities is becoming decoupled from the knowledge and skills acquired by students. The cost of obtaining learning materials is falling, with OpenCourseWare resources from MIT and iTunes U leading the charge. Classes can be taken online on sites like Udemy and eduFire, either for free or a fraction of the cost to learn similar material at a university, and sites like Veri, which recently launched at TechStars NYC Demo Day, aims to organize and spread one’s accumulated knowledge.

The fresh cadavers from the shakeouts in the music and publishing industries should provide motivation to presidents, chancellors, and provosts to look seriously at this problem, as many of the same dynamics that disrupted those industries are now at play in higher education. As students around the world start preparing for their year-end exams, it will be interesting to see how seriously leaders of universities prepare for one of the toughest tests that they’ll ever face.

 

From DSC:
I have been trying to get these trends/warnings/messages across to others for years — more people are starting to raise the same red flags on some of these same topics as well.

There is great danger in the status quo these days. Don’t get me wrong — I’m a firm believer in education, especially liberal arts education. But the traditional model is simply not sustainable it continually shuts more people out of the system and/or puts such a burden on students’ backs as to significantly influence — if not downright limit — their future options and experiences.

But as the saying goes, “Change is optional — survival is not mandatory.”


Addendum:

 

 

Study: 30% of all US households already have TV connected to Internet

New consumer research from Leichtman Research Group, Inc. (LRG) finds that 30% of all households have at least one television set connected to the Internet via a video game system, a Blu-ray player, and/or the TV set itself — up from 24% a year ago. Overall, 10% of all adults watch video from the Internet via one of these devices at least weekly, compared to 5% last year. This increased usage is heavily driven by Netflix subscribers, with 30% of Netflix subscribers watching video from the Internet via one of these connected devices weekly, compared to 3% weekly use among all non-Netflix subscribers.

 

Also see:

Addendums:

 

From DSC:
Why post this? Because:

  1. These postings demonstrate a continued convergence, a continued trend that is impacting the distribution of content. If it hasn’t already (in some shape or form), online-based learning — with social networking capabilities/functionality baked in — will be entering your living room. Given the budgetary pressures out there, such change may happen sooner rather than later.
  2. The Forthcoming Walmart of Education is definitely involved here.

 

 

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