Bucking trend, college will cut price — from New York Times by Tamar Lewin

From DSC:
Smart move. I wish more institutions of higher education would go this way — it would certainly help in the PR department. Let’s not be proud of 2-5% increases; instead, let’s be proud of 2-5% decreases.

Standard & Poor's Report on Higher Ed - February 14, 2011

Overview:

  • While the short-term rating outlook is mixed, the sector’s long-term credit profile is stable.
  • Operating results for 2011 will likely be uneven despite the economy’s recovery.
  • We expect an equal number of upgrades and downgrades in 2011.
  • Key challenges include growing competition, state funding cuts, higher expenses and liabilities and continued tuition and scholarship pressures.

The outlook remains mixed for the not-for-profit U.S. higher education sector in fiscal 2011, according to Standard & Poor’s Ratings Services. We believe that operating results and demand will likely be uneven, and institutions with high debt and limited liquidity could experience severe stress. Still, we believe that the long-term credit profile of many rated institutions remains stable, and that many institutions will perform favorably over the next year.

As a whole, Standard & Poor’s does not expect public universities to underperform private universities despite likely cuts in state funding. However, we may see some public colleges and universities consider consolidation or consider mergers with their peers.

We believe that the credit performance of not-for-profit colleges and universities generally remains tied to an institution’s financial resources, demand, and management, rather than industry risk. Therefore, we expect overall credit trends to be mixed for the balance of 2011, with small pockets of distress and larger pockets of strength.

— originally saw this via Academic Impressions e-newsletter

Will higher education split? — from Stephen Downes

Excerpt:

Sir John Daniel and Stamenka Uvali-Trumbi asks provocative question: “Will higher education split over the next decade or two into a public sector focussed on research and a for-profit sector doing most of the teaching?” The evidence? The communique from UNESCO predicting “massification” of higher education, Wildavsky’s book on global universities, and Salmi’s commentary on world class universities, Tony Bates’s article on the future of higher education, and Archibald and Feldman’s book on the costs of higher education. He could have added many other sources (and especially digital sources), such as this week’s call for a $10,000 degree from Texas governor Rick Perry, or Paul Kiser wondering whether state-run higher education is doomed.

Also see:

Educause: The Changing Landscape of Higher Education— by David Staley and Dennis Trinkle
The authors identify ten fissures in the landscape that are creating areas of potentially tectonic change.

Elementary, my dear Watson: Jeopardy computer offers insight into human cognition — from Sentient Developments by George Dvorsky

Also see:

  1. Massive parallelism:
    Exploit massive parallelism in the consideration of multiple interpretations and hypotheses.
  2. Many experts:
    Facilitate the integration, application and con-textual evaluation of a wide range of loosely coupled probabilistic question and content analytics.
  3. Pervasive confidence estimation:
    No single component commits to an answer; all components produce features and associated confidences, scoring different question and contentinterpretations. An underlying confidence processing substratelearns how to stack and combine the scores.
  4. Integrate shallow and deep knowledge:
    Balance the use of strict semantics and shallow semantics, leveraging many loosely formed ontologies.

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IBM's Watson -- incredible AI!

WorldFuture 2011: Moving from Vision to Action

Also see:

The WFS Education Summit and Preconference Courses (below) are a terrific way to acquire futuring tools in a concentrated learning environment. Whether you are a seasoned futurist or just getting started in developing the art and skill of long-range vision, you will find a program to meet your needs.

The courses outlined below are extra-fee events that will be offered July 7-8, just prior to the WFS annual conference, WorldFuture 2011: Moving from Vision to Action, to be held July 8-10, in Vancouver.

Education Summit – Education and the New Norm
Presentations are now being solicited for “Education and the New Normal,” where educators and futurists will address the multiple challenges confronting the institutions dedicated to preparing tomorrow’s leaders for a dramatically changing world. The focus on the “new” embraces all the forces of change impacting learners and teachers, including new technologies, new demographic realities, new economic necessities, new environmental imperatives, and new political perspectives.

Introduction to Futures Studies
Six Thinking Hats: de Bono’s Tool for Creative and Critical Thinking
Get a Life: Futures Simulation Tool for Career Planning
Whole Systems Governance: The New Cognitive Work of Leadership
Wiser Futures: Using Futures Tools to Better Understand and Create the Future
Bridging the Great Divides: A Spiral Dynamics Workshop on Cultural Integration, Global Cohesion, and Our Multiple Futures
Foresight Educators Boot Camp
The Power of the Long-Term Perspective

Commentary: Universities on the brink — from Forbes.com by Louis E. Lataif
The ever-increasing cost of education is not sustainable.

From DSC:
Regular readers of this Learning Ecosystems blog can point to numerous postings that illustrate that those of us in higher education are in a game-changing environment. Alternative methods of acquiring an education are springing up more frequently now — disruption is here. The status quo is a dangerous path to be on.

If…

  • learning engines hooked into web-based learner profiles occurs — ushering in an era of unprecedented customization/personalization of learning on demand…
  • web-based educations cost a small fraction of what you have to pay elsewhere…
  • the rates of tuition increases continue in colleges and universities across the land…
  • the Internet brings the level of disruption to higher education that it has brought to other industries…

…then what are our plans for remaining relevant and accessible? How are we planning to deal with these trends? What is our response(s)? What is our vision?

Teetering between eras: higher education in a global, knowledge networked world — from emeraldinsight.com by Gail O. Mellow and Diana D. Woolis, (2010)

Findings – There are three fundamental and monumental changes that will profoundly alter the field of higher education in the next several decades: the globalization of higher education; the impact of technology on changing definitions of students, faculty and knowledge; and the impact of the marketplace on the basic “business model” of higher education. The paper describes how each of these three forces will reshape higher education, while identifying factors that may accelerate or inhibit the impact of these influences.

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Gail O. Mellow, Diana D. Woolis, (2010) “Teetering between eras: higher education in a global, knowledge networked world”, On the Horizon, Vol. 18 Iss: 4, pp.308 – 319

James Morrison -- Higher Education in Transition

Example slides/excerpts:

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One example — of several great slides — regarding the old vs. the new paradigm:

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From DSC:
Re: one of the bullet points on the last slide — i.e. “Faculty work as part of instructional team” — here’s my take on what that team increasingly needs to look like in order to engage our students and to compete:

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Survey points to radical makeover of traditional education — from free press release center
Online education is booming according to longtime online higher education pioneer, Dr. Fred DiUlus.

Excerpt:

January 23, 2011 (FPRC) — Online education is booming according to longtime online higher education pioneer, Dr. Fred DiUlus. As the founder and CEO of online university builder, Global Academy Online, he has witnessed first-hand the exponential growth of the online education industry. Traditional educators are just now beginning to seriously pull back the layers of opportunity that exist within the virtual world for today’s technologically savvy students.

Many traditionalists have complained over the years about what they perceive as the inadequacy of virtual education. They believe that somehow online education would destroy rigor and academic accomplishment if universities even dared to adopt online protocols in a major way. The father of modern management, the late Peter Drucker, predicted that schools as we know them will cease to exist in a generation replaced by their virtual counterparts.

Skeptics in higher education have long questioned Drucker’s ominous prediction. Global Academy Online’s own statistical research over the past eight years appears to bear out Drucker’s forecast contrary to what others in the field think and perhaps sooner than even Drucker expected. In 2002, the Academy began collecting statistical data from students attending traditional colleges and universities. The results of the eight-year survey are so startling that it now appears proof positive of the inevitability of Drucker’s prophecy.

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The pace has changed significantly and quickly

Who wants a self-paced, free, world class education? — from OpenSesame.com

From DSC:
I work within higher education…so why am I posting this? For several reasons:

  1. To help those folks who may not have the funding to attend a college or university.
  2. To help those students who are already in a college or university and who want further resources on a particular discipline.
  3. For lifelong learners — and for those who love to learn — who want to pick up further knowledge re: a discipline.
  4. To prompt leadership/management within higher education to talk about their strategies in how to respond to this game-changing trend/environment. Such disruptive trends can be opportunities or threats.
  5. It’s published at OpenSesame.org — an organization that is forming another online marketplace/exchange that involves education.
  6. It relates to my thoughts on The Forthcoming Walmart of Education (and also here). Something that all universities and colleges will have to deal with…sooner or later.

The Future of Higher Education -- upcoming conference in London, March 2011

Tagged with:  

Georgia Tech Center to explore 21st century universities — from CampusTechnology.com by Dian Schaffhauser

The Georgia Institute of Technology is setting up a new center specifically to serve as a living laboratory for testing new forms of education. Driven by the growth of social networking, online learning, and other developments, the Center for 21st Century Universities will enable faculty at the Atlanta institution to experiment with new approaches to curriculum and its delivery. According to former College of Computing Dean Rich DeMillo, who will lead the center, it will also work with national and international groups involved in higher education reform. The first item on the center’s agenda is to develop a seed grant program for promising early proposals.

How will technologies like AirPlay affect education? I suggest 24x7x365 access on any device may be one way. By Daniel S. Christian at Learning Ecosystems blog-- 1-17-11.

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Addendum on 1-20-11:
The future of the TV is online
— from telegraph.co.uk
Your television’s going to get connected, says Matt Warman


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