cost of getting a degree

U of Minnesota System makes tuition free for low-income students [Bauer-Wolf]

On 02/17/2021, in cost of getting a degree, experimentation, funding / grants, higher education, ideas, new business models, parents/guardians, student-related, United States, universities, by Daniel Christian

U of Minnesota System makes tuition free for low-income students — from highereddive.com by Jeremy Bauer-Wolf

Dive Brief:

The University of Minnesota System greenlit a program eliminating tuition costs for students whose families earn $50,000 or less in a year.
The system’s regent board approved the move unanimously on Friday, according to local media reports. It’s a part of its five-year strategic plan, which also set the goal of reducing the average debt of undergraduates with loans to $25,000 at graduation.
President Joe Biden touted free college proposals on the campaign trail. Such arrangements have also seen renewed interest in the wake of the economic tumult of the pandemic.

The Great Contraction Cuts alone will not be enough to turn colleges’ fortunes around. — from chronicle.com by Lee Gardner

Excerpts:

With higher education facing average revenue losses of 14 percent or more due to Covid-19, the pandemic presents an existential challenge for the hundreds, maybe thousands, of colleges that entered last March with already precarious finances. Every week or so seems to bring new headlines about institutions making jaw-dropping cuts.
…
But slashing budgets alone, experts agree, isn’t enough to survive. Struggling colleges must cut strategically and adapt to a new way of operating, in order to find a way to eventually grow and thrive.

From DSC:
As I mentioned to a friend who wondered about those two words –“grow” and “thrive” in the last sentence above…

For too long many colleges and some universities have not been experimenting with other business models. They didn’t pay attention to the surrounding landscapes and economic realities of the masses. I think some of the institutions out there will grow and thrive — but it will be far fewer institutions who see such growth. SNHU, Arizona State, Western Governors University, and the like have done well. But then again, they thought big as well and did so years ago. They have a major leg up on other institutions.

She has served as a college president for nearly 20 years, and in that time, she has watched students’ view of higher education shift to be predominantly about “the outcome of being prepared for a job,” she says.

Funny how that corresponds directly to the increase in tuition, fees, books, room and board, etc. that took place during that same time.

Learning from the Living [Class] Room: Adobe — via Behance — is already doing several pieces of this vision.

On 02/15/2021, in 21st century, 24x7x365 access, A/V -- audio/visual, active learning, Africa, animation, Asia, Australia, Bring your own device (BYOD), Canada, changing business models, cloud-based computing / apps / other cloud-related, collaboration, colleges, communications, communities of practice, community colleges, content development, aggregation, repositories, corporate / business world, corporate universities / corporate training, cost of getting a degree, creativity, dangers of the status quo, Daniel S. Christian, design, digital audio, digital learning, digital photography, education, education technology, engagement / engaging students, Europe, experimentation, future, game-changing environment, global / globalization, higher education, human-computer interaction (HCI), ideas, India, informal learning, innovation, instructional design, interaction design, interactivity, interface design, IT in HE, K-12 related, languages and translation, learner profiles, learning, learning ecosystem, Learning Experience Design, Learning from the Living [Class] Room, learning hubs & pods & microschooling, learning preferences, liberal arts, lifelong learning, love of learning, maker movement, marketplaces, media/film, microlearning, more voice more choice more control, multimedia, new business models, new media literacies, online learning, online media, passions, photography, platforms, productivity / tips and tricks, professional development, reinvent, remote teaching and learning, second screen apps, simulations, social learning / networks, social media, STEAM-related, streams of content, tablets, teaching & learning, teaching online, technologies for your home, tools, training / L&D, transmedia, TVs, UK, United States, universities, user experience (UX), user interface design, vendors, vision/possibilities, visualizing information, web-based collaboration, by Daniel Christian

From DSC:
Talk about streams of content! Whew!

I received an email from Adobe that was entitled, “This week on Adobe Live: Graphic Design.” (I subscribe to their Adobe Creative Cloud.) Inside the email, I saw and clicked on the following:

Below are some of the screenshots I took of this incredible service! Wow!

From DSC:
So Abobe — via Behance — is already doing several pieces of the “Learning from the Living [Class] Room” vision. I knew of Behance…but I didn’t realize the magnitude of what they’ve been working on and what they’re currently delivering. Very sharp indeed!

Churches are doing this as well — one device has the presenter/preacher on it (such as a larger “TV”), while a second device is used to communicate with each other in real-time.

Public Colleges Are Going After Adult Students Online. Are They Already Too Late? — from chronicle.com by Lee Gardner

Excerpts:

But competing with the established national players in online education presents a tall order. The so-called mega –universities have a huge head start and deep pockets, two advantages public universities are unlikely to overcome easily, if at all.
…
Mega-universities have spent more than a decade building and honing well-funded and sophisticated operations that function on a scale few start-ups can hope to match. They spend hundreds of millions of dollars each year marketing themselves nationwide to students.

Mega-universities have also developed recruitment and admissions operations designed to make things as easy as possible for working adults to enroll.

How Much Has Covid Cost Colleges? $183 Billion — from chronicle.com by Paul N. Friga

Excerpt:

How bad is it? To answer that, my colleagues and I sought to go beyond surveys. We conducted an extensive review of publicly announced revenue and budget news from the top 400 universities in U.S. News & World Report, as well as its top 100 liberal-arts colleges, drawing from news released from March through December. We were able to obtain data from 107 of those institutions (21 percent). The results are dire. Our research suggests that we are experiencing the biggest financial losses our sector has ever faced. The institutions we tracked averaged an estimated 14-percent aggregate decline in revenues across fiscal years 2020 and 2021, and further losses loom as drops in enrollment, tuition freezes, and Covid-related expenses continue.

What do these cuts and losses add up to? We estimate the impact as follows: $85 billion in lost revenues, $24 billion for Covid-related expenses, and $74 billion in anticipated future decreases in state funding. That adds up to a whopping $183 billion.

Also see:

65 Percent of Colleges Raised Less in 2020 Than 2019, Survey Finds — from philanthropy.com by Emily Haynes
Donations to colleges stayed flat at $50B in fiscal 2020 — from highereddive.com by Natalie Schwartz

Michigan residents over 25 without degrees can now apply for tuition-free community college, skills training [Gibbons]

On 02/03/2021, in community colleges, cost of getting a degree, culture, funding / grants, higher education, Michigan, by Daniel Christian

Michigan residents over 25 without degrees can now apply for tuition-free community college, skills training — from mlive.com by Lauren Gibbons

Excerpt:

Michigan residents 25 and older who don’t have a college degree can now apply for funding to cover community college tuition costs or skilled trades training scholarships.

The initiative, known as the Michigan Reconnect program, is being funded initially by a $30 million appropriation in the state budget that had bipartisan backing from Gov. Gretchen Whitmer and the Republican-majority legislature.

8 Higher Education IT Trends to Watch in 2021 [Stone]

On 02/01/2021, in 21st century, 24x7x365 access, A/V -- audio/visual, active learning, Artificial Intelligence/Agents/LLMs/and Related, blended learning, Bring your own device (BYOD), Canvas - and other Instructure-related items, change, changing business models, cloud-based computing / apps / other cloud-related, CMS/LMS, collaboration, colleges, communications, communities of practice, community colleges, content development, aggregation, repositories, corporate / business world, corporate universities / corporate training, cost of getting a degree, credentialing, Daniel S. Christian, digital learning, digital video, distance education, education technology, emerging technologies, engagement / engaging students, higher education, human-computer interaction (HCI), hybrid learning, ideas, innovation, instructional design, intelligent systems, intelligent tutoring, IT in HE, law schools, learning, learning agents, learning ecosystem, Learning Experience Design, Learning from the Living [Class] Room, learning hubs & pods & microschooling, learning preferences, learning spaces, more voice more choice more control, remote teaching and learning, smart classrooms, social learning / networks, society, student-related, teachers, teaching & learning, teaching online, technologies for your home, tools, training / L&D, trends, TVs, universities, user experience (UX), vendors, videoconferencing, vision/possibilities, web-based collaboration, by Daniel Christian

8 Higher Education IT Trends to Watch in 2021 — from edtechmagazine.com by Adam Stone
Keep your eye on these trends as higher education prepares for a post-pandemic future.

Excerpt:

1. Get Used to More Advanced Learning Management Systems
At Virginia Tech, the Canvas learning management system (LMS) was critical for coordinating synchronous and asynchronous learning. Such systems will only become more sophisticated moving forward, says Randy Marchany, the university’s IT security officer. “With COVID, instructors have become more video savvy,” he says. “We’re all getting smarter about how we use these tools.”

2. A Rise in Sophisticated Videoconferencing Platforms
Even after the pandemic, educators might continue lecturing over Zoom and other videoconferencing platforms. However, they’ll be doing it in more sophisticated ways. “People will be making these experiences more collaborative, more authentic — with much richer interactions and conversations,” Grajek says. “We are all becoming more experienced consumers, and we will see a lot of innovation in this area.”

From DSC:
Yet another step closer…

A Strategic Roadmap for The Next Decade [Westervelt]

On 01/26/2021, in 21st century, 24x7x365 access, adult learning, Alternatives, Amazon, change, changing business models, cloud-based computing / apps / other cloud-related, collaboration, colleges, community colleges, corporate / business world, cost of getting a degree, dangers of the status quo, data related items, future, future of higher education, game-changing environment, Google, higher education, ideas, innovation, learning ecosystem, Learning Experience Design, Learning from the Living [Class] Room, lifelong learning, platforms, reinvent, society, staying relevant, strategy, student-related, surviving, technology (general), trends, United States, universities, user experience (UX), vendors, web-based collaboration, workplace, by Daniel Christian

A Strategic Roadmap for The Next Decade — from evolllution.com by Rob Westervelt

Excerpts:

Get obsessed with your learner
Adopt more than one model
Align with partners
Create lifelong learning models
Build the system of the future

3 Main Changes to Help Fill College Classrooms [Diana]

On 01/13/2021, in business side of he, colleges, community colleges, cost of getting a degree, funding / grants, higher education, law schools, leadership, new business models, parents/guardians, strategy, student-related, United States, universities, by Daniel Christian

3 Main Changes to Help Fill College Classrooms — from fierceeducation.com by Alison Diana

Excerpt:

Reducing Tuition:
Southern New Hampshire University last month announced it will cut the cost of its Fall 2021 campus-based programs to $15,000 or $10,000 per year and use “an increased focus on experiential and project-based learning; a new and more transparent financial aid process, shifting from merit-based to need-based financial aid awards to level the playing field for all students.”

This marks more than a 50% reduction of its fees, according to SNHU. The university also plans to increase its on-site campus enrollment to 4,500 students from 3,000, although it did not say how or if it expects to adapt faculty or administrative staffing.

SNHU is not alone in addressing tuition to encourage people to attend their schools.

From DSC:
Reading through the article below, I can’t help but wonder…how might the eviction crisis impact higher education?

Losing a Home Because of the Pandemic Is Hard Enough. How Long Should It Haunt You? — from nytimes.com by Barbara Kiviat (professor of sociology) and Sara Sternberg Greene (law professor)
Americans who default on their rent may find it hard to escape lasting effects on their financial future.

Excerpts:

Millions of Americans have fallen behind on rent during the Covid-19 pandemic, prompting the passage of eviction moratoriums and rental assistance plans. But as policymakers have struggled to meet the needs of tenants and landlords, they’ve largely overlooked a crucial fact: The looming eviction crisis isn’t just about falling behind on rent and losing one’s home to eviction. It’s also about the records of those events, captured in court documents and credit reports, that will haunt millions of Americans for years to come.

Just as criminal records carry collateral consequences — preventing people from getting jobs, renting apartments and so on — blemishes on a person’s financial history can have far-ranging effects. Records of evictions can prevent Americans from renting new places to live, and debts and lawsuits related to unpaid rent can follow people as they apply for jobs, take out insurance policies, apply for mortgages and more. The process starts when landlords report late payments directly, file for eviction, sue in small claims court and hire debt collectors to pursue back rent. Those paper trails of unpaid rent and eviction get sucked into the digital warehouses of credit bureaus and data brokers.

DC: The debt from obtaining a degree can last for decades these days. How can institutions of traditional higher education be part of the solution here and not part of the problem?https://t.co/UfOopD3RLI #highereducation #futureofhighereducation #60yearcurriculum

— Daniel Christian (he/him/his) (@dchristian5) December 30, 2020

#survivingcovid19 #reinvent #highereducation #futureofhighereducation #60yearcurriculum #costofhighereducation #alternatives #innovation #learningfromthelivingclassroom and many more

Campus Consolidation: America’s Higher-Ed Footprint Changes Amid Challenging Times [Diana]

On 12/09/2020, in Alternatives, business side of he, change, colleges, community colleges, cost of getting a degree, dangers of the status quo, future of higher education, higher education, student-related, surviving, United States, universities, by Daniel Christian

Campus Consolidation: America’s Higher-Ed Footprint Changes Amid Challenging Times — from fierceeducation.com by Alison Diana

Excerpt:

Beset upon by students unable to afford tuition, the ongoing pandemic, competition between schools, and even some individual’s questioning of a degree’s value, college consolidation continues to reshape the secondary education landscape, and faculty careers in the process.

More than 90 nonprofit universities and colleges shut their doors or announced their intentions to close between January 2016 and February 2020, one industry estimate recorded. And more than 230 institutions, almost 10% of 2,300-plus researched over eight years, could close or merge, given the stressors they face, according to recently published book, The College Stress Test: Tracking Institutional Futures Across a Crowded Market.

In addition, 10% were deemed likely to close and 30% more were expected to struggle, according to Susan Baldridge, a professor at Middlebury College, who co-authored the book with Robert Zemsky, higher education division chair at the University of Pennsylvania, and Susan S. Shaman.

DC: So how might this impact the learning ecosystems out there?https://t.co/tMl5ouSX1x #learningecosystems #learningfromthelivingclassroom #careers #careerdevelopment #education #highereducation #change

— Daniel Christian (he/him/his) (@dchristian5) November 25, 2020

“Stuck in it until I die”: Parents get buried by college debt too — from hechingerreport.org by Meredith Kolodner
ParentPlus loans have spiked, leading to financial disaster for many low- and middle-income families

Excerpt:

The couple’s original $40,000 loan to cover the cost of their son and daughter attending public universities in Indiana, where the family lived at the time, has snowballed in those 18 years, with interest rates as high as 8.5 percent. Their bill now stands at more than $100,000.

The Rifes would have lost their house if they had been forced to make the original monthly payment, so they negotiated with the federal government to get it down to $733. Still, it’s more than their mortgage, and it doesn’t cover the interest, so the amount owed has continued to grow.

From DSC:
I have fought for over a decade to bring the costs (involved with obtaining a degree) down. Through the years, I have tried to reach anyone who works within higher ed to listen…to change…to find ways to bring the price of obtaining a degree waaaaaay down.

Before 2010, I had written about a future where the cost of obtaining a degree would be 50% less. And that has already happened with a handful of instances. But the future will likely look much different than the past.

Fast forward…and the perfect storm against higher ed continues to build. The backlash continues to build.

There will be change. Count on it. 100% bound to happen. In fact, it has to happen, or this nation is in big trouble otherwise.

(11/24/20) An addendum from the Wall Street Journal:

Is This the End of College as We Know It? — from wsj.com by Douglas Belkin
For millions of Americans, getting a four-year degree no longer makes sense. Here’s what could replace it.

Financial aid officials share how they’re advising college students now [Bauer-Wolf]

On 10/18/2020, in colleges, community colleges, cost of getting a degree, funding / grants, higher education, liberal arts, United States, universities, by Daniel Christian

Financial aid officials share how they’re advising college students now — from educationdive.com by Jeremy Bauer-Wolf
We asked administrators how they are guiding students and families through a process made more complex by COVID-19.

Excerpt:

This uncertainty among students and families has compounded an already complex process. Education Dive contacted several financial aid experts and asked them one question: What changes in the financial aid process should colleges account for during the pandemic, and how should they communicate those changes to students, families and the public?

Learning Ecosystems

Reflections on “The Great Contraction: Cuts alone will not be enough to turn colleges’ fortunes around.’ [Gardner]

Public Colleges Are Going After Adult Students Online. Are They Already Too Late? [Gardner]

How Much Has Covid Cost Colleges? $183 Billion [Friga]

Michigan residents over 25 without degrees can now apply for tuition-free community college, skills training [Gibbons]

How might the eviction crisis impact higher education? [Christian]

Reflections on “A Nation’s Economy Divided: Breadlines vs Bread Makers” [Donnan]

So how might this impact the learning ecosystems out there? [Christian]

Financial aid officials share how they’re advising college students now [Bauer-Wolf]

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