![]() ![]() The percentage of students enrolled exclusively online had already increased to 15% of students in 2017. Enrollment officers are also expecting a decline in the fall and Google Search trends for “bachelor’s degree” have trended down in the last month. Students will leave full-time college for online and part-time - While some schools will open back up in the fall, sub-par remote learning experiences are causing many 4-year students to say they’re not going back, even if things are open.I expect even with operating cuts and layoffs, 330+ schools will need to begin making changes in the next 2 years. This is without even addressing revenue hits to athletics departments that bring in over $100M annually at ~40 sports empires. This will disproportionately affect at-risk schools. This is compared to just 6% of college students that typically transfer each year. While a recent survey showed just 14% of students might take time off, 42% are rethinking where they will enroll. Today, presidents expecting enrollment declines are over-accepting. A 2016 Ernst & Young report identified 800 colleges at risk of closing (12%). Enrollment has been declining in higher ed since 20 was the first year where tuition accounted for over 50% of the average public college’s funding. Others rely on state funding (which is declining), alumni donations and tuition. 6,600 colleges in the USA and just 120 (1.8%) hold 74% of all endowment funds. Five percent of colleges will close or consolidate - There are approx.Please note, some of these were first reported in Techcrunch, this is a slightly extended take What might the next few years hold for EdTech? Here are some musings on the next 1–2 years*: The Future is Happening Now: My 2020–2021 EdTech Predictions It’s happening in Undergraduate too, but slower, with part-time community college and online on the rise.Ĭovid accelerated all of this. MOOCs, coding bootcamps, Masterclass, Udemy all contribute to this. There has been greater interest in Masterclass than business school over the last 5 years. There has been an explosion in the popularity of alternative education options. This happened first in Graduate education. The guiding themes informing these blogs were what my friends at University Ventures and the Christensen Institute call the “unbundling of the university.” This means that students can get the various components that a university offers, social experience, learning, research etc, from different places to best suit their needs, and often at better prices. I wrote posts in 2015, 2016, 2017, and 2019 about where I thought the (mostly post-secondary and beyond) education space was headed. ![]()
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