SanJoseStatePlus-UdacityPartnership-Jan2013

 

Also see:

Excerpt:

Today Udacity is thrilled to announce a partnership with San Jose State University to pilot three courses — Entry-Level Mathematics, College Algebra, and Elementary Statistics — available online at an affordable tuition rate and for college credit. To my knowledge, this is the first time a MOOC has been offered for credit and purely online. Much credit for this partnership goes to Mo Qayoumi and Ellen Junn, president and provost of SJSU, and to the five fearless SJSU professors who have chosen to work with us at Udacity to explore this new medium. The offices of Governor Brown and CSU Chancellor White have also been critically important to this partnership for their leadership and expediency. Last but not least, I want to personally thank our great Udacians who, like everyone on this list, have worked endless hours to drive innovation.
Over the past year, MOOCs have received a lot of attention in the media and education circles mostly because so many students are taking advantage of the course for free. Predictions that MOOCs would fundamentally change higher education often revolved around the fact that the courses have unprecedented reach and affordability.

 

From DSC:
Given that such “Walmarts of Education” (i.e. solid learning at a greatly reduced prices) continue to develop, what’s our/your plans for responding to this trend? How are we/you going to compete?  What’s our/your vision and strategy?  By the way, you can look all you want to for data — but at the end of the day, it’s likely with this sort of thing that you won’t find all of the data that you require to make a decision. Examples:

  • When I began working for Kraft Foods in 1990 (brought in to roll out email to 66 plants at the time), I believed in the power of email when few others did. Email was viewed as “fluff” and it would never be used for solid business practices; management put the project on hold. But I kept working with email at Kraft — trying to get others to use it. If you looked for data back then, you wouldn’t find it. But by the time I left Kraft in 1997, thousands of people could communicate with thousands of other people throughout the world — within minutes.
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  • When Alexander Graham Bell introduced the telephone, what data would support the success of his invention?  I suppose you could have pulled some data on the usage of the telegraph, but even then, vision would have had to trump the data (the ancestor of Western Union rejected his invention, as they questioned why anyone would need/use a telephone when there was already the telegraph in usage).
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  • Such technological developments often are not so easy to back up with data; they require some vision, experimentation, and risk taking.

 

Moody’s gives colleges a negative grade — from the NYT by Andrew Martin

Excerpt:

The credit reporting agency Moody’s said on Wednesday that it had revised its financial outlook for colleges and universities, giving a negative grade to the entire field.

For the last two years, Moody’s Investors Service gave the nation’s most elite public and private colleges a stable forecast while assigning a negative outlook to the rest of higher education. (Moody’s assigned a negative outlook for the sector in 2009, but it upgraded the most elite ones to stable in 2011-2012.)

 

Nowhere to turn — from insighehighered.com by Kevin Kiley

Excerpt:

If colleges and universities thought they could ride out the current revenue challenges by becoming more like some other institution, Moody’s Investors Service has a bit of bad news for them: The grass isn’t greener on anybody else’s quad. Not even Harvard University’s.

In a report released Wednesday, the ratings agency outlines how every traditional revenue stream for colleges and universities is facing some sort of pressure, a finding Moody’s uses as grounds for giving the whole sector a negative outlook. The agency has been pessimistic about much of the sector since its annual outlook in 2009 after the economic downturn began, but Wednesday’s report contains a downward shift in how analysts view even market leaders, the elite institutions with high demand and brand recognition.

 

Originally saw thes graphic below on the Education Stormfront blog (thanks Andrew) — also see Will Hanlon Pop the Higher Ed Bubble?

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Higher Ed Inflation.jpg

 

From DSC:
As you know if you are a regular reader of this blog, I believe the higher ed bubble has already popped — but I have it that it will pop at different times for different institutions.

 

Addendum on 1/22/13:

 

Addendum on 1/24/13:

 

 

Governor Jerry Brown, Udacity announce pilot program for $150 classes — from edsurge.com by Kris Hattori
San Jose State University will offer students three online classes from Udacity

Colleges lose pricing power — from the WSJ by Michael Corkery

Excerpt (emphasis DSC):

The demand for four-year college degrees is softening, the result of a perfect storm of economic and demographic forces that is sapping pricing power at a growing number of U.S. colleges and universities, according to a new survey by Moody’s Investors Service.

Facing stagnant family income, shaky job prospects for graduates and a smaller pool of high-school graduates, more schools are reining in tuition increases and giving out larger scholarships to attract students, Moody’s concluded in a report set to be released Thursday.

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From DSC:
To me, this is just another way of saying the higher education bubble is popping.  I think the bubble may pop at different times for different institutions, but the overall picture is clear: Higher ed will either reinvent itself — and hopefully quickly — or it will lose a portion of its relevance and place in society (how much is ultimately lost depends upon how much higher ed can experiment, innovate, and reinvent itself).

Also relevant here:

 

The year ahead in IT, 2013 — from InsideHigherEd.com by Lev Gonick

Excerpt (emphasis by DSC):

The functional organization model makes it increasingly more difficult for IT on campus to be a meaningful partner and contributor to the strategic future of the University if and as it gets painted into the corner of being an expensive infrastructure cost center.

The alternative models to the functionally organized IT organization are many. The challenge for IT leaders is to cede a modicum of control and embrace the need to experiment in new, more porous, organizational models that facilitate and support the co-production of innovative solutions that meet the needs of higher education moving forward. Becoming a solutions-focused and internal consulting organization is at the core of what I take to be the opportunity for IT in higher education.

From DSC:

If other staff, faculty, students, and members of administration see everyone from the IT Department — and the IT Department as a whole — as only the folks who “install Microsoft Word and keep my PC running” — then we are in for some real trouble ahead. 

Endeavors originating out of — or significantly enabled by the IT department — have the potential to create massive new revenue streams. For example, this can be seen in  the growth of online learning these last few years and will most likely be true (at least in a significant part) for what MOOCs morph into.

Taking a cue from other industries that have gone to bat against the Internet, if you were the person in charge of picking members of the team that’s responsible for the future vision and strategies of your organization, who would you pick to be on your team?

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asdfsadf

TheFutureOfWork-Jan2013

 

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TheFutureOfWork2-Jan2013

 

 

learningbydoing-futureofwork-2013

 

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From DSC:

  • Note the need for being tech-savvy here — the more familiarity our students have with videoconferencing, web-based collaborating tools, tapping into streams of content, etc., the better things will go for them in their future careers.
    .
  • Note also the need for constant, lifelong learning. 
  • Note the possibility that we might be heading more towards online-based exchanges and marketplaces — and that includes teaching and learning.

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The Power of Online Exchanges

 

Re: the idea of exchanges:

From DSC:
In this series of periodic postings re: experimentation (see here and here), this week’s Consumers Electronics Show prompts me to think about different types of experiments, prompting such questions as:
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  • When will we see more educationally-related second screen apps?
    .
  • How might this type of setup dovetail with MOOCs provided by institutions of higher education? With MOOCs offered by the corporate world?
    .
  • What sorts of technologies will weave their way into what could be offered here?
    (The following possibilities come to my mind: Artificial Intelligence (AI), learning agents, recommendation engines, course or topic playlists, web-based learner profiles, data mining/analytics, videoconferencing, educational gaming, virtual tutoring, BYOD, and/or cloud-based computing. Other…?)
    .
  • Will Internet-enabled marketplaces and exchanges — between learners and teachers — become commonplace?
    .
  • Will technologies involved with endeavors like IBM’s Watson or with Knewton be deployed in this kind of convergent environment? If so, what sorts of doors/job opportunities/new skillsets would that open up or require?
    .

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The Living [Class] Room -- by Daniel Christian -- July 2012 -- a second device used in conjunction with a Smart/Connected TV

 

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Some relevant items on this include:

Flingo reveals Samba, a first of its kind dual interactive TV and second screen platform — from pandodaily.com byasdf

Excerpt:

This week at CES in Las Vegas (the Consumer Electronics Show), San Francisco-based Flingo will release the latest version of its platform, dubbed Samba, aimed at changing this. Samba will make four-year-old Flingo one of the first to offer a combined Interactive TV and Second Screen experience.

“We saw a surge of Smart TV and tablet adoption in 2012, but realized that a seamless TV experience across all screens was missing,” says Flingo co-founder and CEO Ashwin Navin, formerly of BitTorrent. “Samba will blur the lines between linear television and the Web.”

Flingo is unique in that it uses video, not audio to identify what content is being viewed…

Samba offers viewers the ability to actively engage with programming in real-time through their primary screen. This can take the form of polls, social conversations, recommendations, or consumption of related media. In the case of Second Screens, aka internet-connected laptops, tablets, and smartphones used simultaneously while watching TV, the company can offer an even wider array of complementary content and engagement, such as aggregated social feeds relating to live programming or an ability to watch past episodes of a live show. This can all be delivered across multiple screens, in concert.

 

Also see:

Smart TV Alliance adds Panasonic and IBM to its fold, lays bare new SDK features -- Sean Buckley

 

Also see:

 

samsung smart tv ces 2013

 

Kevin Smith/Business Insider

 

More tangentially, but still relevant:

  • McGraw-Hill to debut adaptive e-book for students — from blogs.wsj.com by Shalini Ramachandran
    Excerpt:

    The SmartBook…works like this: All readers essentially see the same textbook as they read for the first five minutes. But as a reader answers review questions placed throughout the chapter, different passages become highlighted to point the reader to where he or she should focus attention.

 

From DSC:
Whereas:

  • The Walmart of Education continues and higher ed finds itself in a game-changing environment
  • The pace of change continues to accelerate
  • Disruptive innovations continue to poke at the higher education bubble
  • There is danger in the status quo
  • We all need to constantly reinvent ourselves and our organizations in order to remain relevant…

…institutions of higher education would be wise to significantly increase the priority of experimentation on their campuses during 2013.  This might take the form of creating smaller, more nimble organizations within their overall universities or colleges, or it might be experimenting with new business models, or it might be identifying/experimenting with promising educational technologies or new pedagogies, etc.  I will have several blog postings re: experimentation — and potential things to try out — during 2013; so stay tuned.

Whether we are staff, faculty, or administration, change is coming our way in 2013.  So starting today, get involved with further innovations and experiments on your campus — don’t be a roadblock or you will likely find your institution eventually becoming irrelevant. As Steve Jobs did/believed, cannibalize your own organization before someone else does.

 

The pace has changed significantly and quickly

 

From the January/February 2013 issue of The American Interest:

 

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Excerpts (emphasis DSC):

The most important part of the college bubble story—the one we will soon be hearing much more about—concerns the impending financial collapse of numerous private colleges and universities and the likely shrinkage of many public ones. And when that bubble bursts, it will end a system of higher education that, for all of its history, has been steeped in a culture of exclusivity*. Then we’ll see the birth of something entirely new as we accept one central and unavoidable fact: The college classroom is about to go virtual.

Because recent history shows us that the internet is a great destroyer of any traditional business that relies on the sale of information. The internet destroyed the livelihoods of traditional stock brokers and bonds salesmen by throwing open to everyone access to the proprietary information they used to sell. The same technology enabled bankers and financiers to develop new products and methods, but, as it turned out, the experience necessary to manage it all did not keep up. Prior to the Wall Street meltdown, it seemed absurd to think that storied financial institutions like Bear Stearns and Lehman Brothers could disappear seemingly overnight. Until it happened, almost no one believed such a thing was possible. Well, get ready to see the same thing happen to a university near you, and not for entirely dissimilar reasons.

The higher-ed business is in for a lot of pain as a new era of creative destruction produces a merciless shakeout of those institutions that adapt and prosper from those that stall and die.

But what happens when a limited supply of a sought-after commodity suddenly becomes unlimited? Prices fall. Yet here, on the cusp of a new era of online education, that is a financial reality that few American universities are prepared to face.

Anyone who can access the internet—at a public library, for instance—no matter how poor or disadvantaged or isolated or uneducated he or she may be, can access the teachings of some of the greatest scholars of our time through open course portals. Technology is a great equalizer.

Big changes are coming, and old attitudes and business models are set to collapse as new ones rise. Few who will be affected by the changes ahead are aware of what’s coming. Severe financial contraction in the higher-ed industry is on the way, and for many this will spell hard times both financially and personally. But if our goal is educating as many students as possible, as well as possible, as affordably as possible, then the end of the university as we know it is nothing to fear. Indeed, it’s something to celebrate.

 

 


* The old way:

Colleges rise as they reject — from online.wsj.com
Schools invite more applications, then use denials to boost coveted rankings


 

 

Daniel S. Christian - Think Virtual -- April 2012

 

Also relevant/see:

Accreditation actions increased during financial downturn — from The Chronicle by Eric Kelderman

Excerpt:

“Not long ago, accreditation sanctions were rare. Now, in response to growing government criticism of poor disclosure about quality, pricing, and outcomes, as well as inefficient cost management, accreditors are taking more aggressive and quicker actions to bolster their role in demonstrating quality and performance standards in U.S. higher education,” the report says.

The main reasons for the actions are, not surprisingly, financial troubles for colleges struggling with endowment losses, cuts in state appropriations, and the growing institutional costs of student financial aid. But accreditors are also focusing more attention on outcomes, including assessing student learning and graduation rates, the report says.

From DSC:
If the public wants change in higher ed, I might suggest starting with changing who is on the accreditation teams.  Historically speaking, things don’t seem to have changed that much with all insiders on these teams. 

(I wondered when these agencies were going to start sensing some heat in their kitchens.  If I could make at least one prediction for 2013, it’s that the temperatures in those kitchens are going to go up in 2013. I’ll probably make more predictions, but I think that one is low-hanging fruit!)

 

Combine the trends listed in this graphic:

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Trends-ReportFromDeptOfEdu-2012

— from The Economics of Higher Education, Dec 2012 (pg 2)

 

…with the next several graphics…

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Surging college costs price out middle class -- from CNNMoney.com on June 13, 2011

 

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The middle class falls further behind

 

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

From 5/21/09

 

 

…and you can see that the Perfect Storm in Higher Ed has been amassed.  Massive change is in the air. People will find a way to achieve their goals/objectives — one way or another. College is still a good call — but what “college” and “university life” will look like in 5 years will likely be very different from what they look like today.

There is no returning to the “good ol’ days” — things are not going back to the way they were 5-10 years ago.  It’s time for massive — but controlled/intentional — experimentation within higher ed, to find out how best to use the Internet in order to promote learning (and, hopefully, to still make a living!).

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asdfsadf

 

 

 


Some examples that illustrate that change is in the air…and that the conversation continues to move outside traditional institutions of higher education (I mention these not to dog higher ed, but to get us to innovate, to reinvent ourselves, and to stay relevant!)


 

Big idea 2013: College becomes optional — from LinkedIn.com by Ben Smith

Jailbreaking the degree: The end of the 4 year diploma — from onlineuniversities.com by Justin Marquis

Excerpt:

What’s wrong with getting a college degree? According to the grassroots movement, “Jailbreaking the Degree,” being pushed by radical education startup Degreed.com, quite a bit. The organization has identified several fundamental flaws with the long standing college degree process. It aims to overcome them and dramatically change the nature of learning and credentialing in the process. In order to justify their initiative they present some dramatic numbers on their website…

Degreed wants to jailbreak the college degree — from techcrunch.com by Rip Empson

Saying no to college — NYT.com by Alex Williams

Do a Google search on uncollege.org and see what you get

The rise of college alternatives— from huffingtonpost.com by Dan Schawbel

educreations.com: Teach what you know. Learn what you don’t.

From DSC:
Some reflections on New platform lets professors set prices for their online courses — from InsideHigherEd.com by Jeffrey R. Young

Excerpt:

Professors typically don’t worry about what price point a course will sell at, or what amenities might attract a student to pick one course over another. But a new online platform, Professor Direct, lets instructors determine not only how much to charge for such courses, but also how much time they want to devote to services like office hours, online tutorials, and responding to students’ e-mails.

The new service is run by StraighterLine, a company that offers online, self-paced introductory courses. Unlike massive open online courses, or MOOC’s, StraighterLine’s courses aren’t free. But tuition is lower than what traditional colleges typically charge—the company calls its pricing “ultra-affordable.” A handful of colleges accept StraighterLine courses for transfer credit.
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StraighterLine-ProfsDirectlyToStudents-12-12-12

 

 

From DSC:
The power of online-based marketplaces. We’ve seen it in other industries.  Are we now going to see more of this within higher education as the unbundling of higher education seems to be a possibility?  Will there be an increased importance of professors’ individual brands? Could be.

The Power of Online Exchanges

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DanielChristian-The-unbundling-of-higher-education

 

From DSC:
Congrats Burck & Co. on your continued innovative thinking and business models! Way to help keep a college education accessible to many!

 

The Future of TV -- an infographic from Beesmart

 

From DSC:
The educational “store” part of this graphic could take several forms:

  • Online-based exchanges between buyers and sellers (teachers/professors and learners) — professors as their own brand
  • Institutional offerings/brands
  • Team-based content from newly-developed firms, organizations
  • Each of us puts up our own learning materials for others to take (for free or for a price)
  • Other

 

 

Excerpts from John Katzman’s Keynote:
Higher ed is made up of a series of smaller markets — niches [From DSC: What’s your niche?]

  • Elite level
  • Mid level
  • Entry level

Might have 2-3 high quality programs; and many smaller programs with lower production levels.

Fewer players of larger size

Consolidation is going to occur w/in higher ed. Besides consolidation, there will be collaboration/pooling of resources, and/or the hollowing out within higher ed.

 

From DSC:
Not that this is new…but looking at the above image, I wonder if more 100% online-based courses and schools will adopt this sort of “space”/interface as a sort of entryway into their institution’s materials.

 

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