article thumbnail

Predictions of Print Textbooks’ Death Remain Greatly Exaggerated

Edsurge

higher education courseware in 2015, down from 50 percent the year before, according to a 2018 report from Macquarie, an investment bank and financial services company. Even the most digitally connected educator will have access to a printer, Fields said. Gartner projects that spending on U.S K-12 software will reach around $4.5

Chegg 157
article thumbnail

Pearson Is Selling Its US K-12 Business—Despite Posting a Profit and Digital Growth

Edsurge

The publisher sold The Financial Times and its stake in The Economist in 2015. They’re much more comfortable with access, not ownership model.” a semester to access all of the company’s digital higher-ed materials. In July 2017, it sold a 22 percent stake in Penguin Random House for about $1 billion. (It

Pearson 97
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Reach Capital’s Newest Education Technology Investment Fund Closes at $82 Million

Edsurge

When Carolan’s team started Reach Capital in 2015, it raised $53 million for its first fund. (It We are advocates for early and equal access to education,” said Jeff Dunn, President and CEO of Sesame Workshop,” told EdSurge via email. “If WriteLab (Chegg). In total, this first fund supported 35 investments. Zaption (Workday).

article thumbnail

Can Technology in the Classroom Replace Expensive Textbooks

Kitaboo on EdTech

According to NBC’s review of the Bureau of Labor Statistics (BLS) data, textbook prices have risen over 3 times the rate of inflation from January 1977 to June 2015, a whopping 1,041% increase. Similarly, Pearson has made some of its textbooks available for rent through Chegg. Provide Access to K-12 Libraries.

article thumbnail

Where in the World Is Planet3? An Educational Gaming CEO Seeks His Second Act

Edsurge

Planet3 found its biggest backer in Rob Roy, CEO of Las Vegas-area data center services company Switch, which invested $10 million in the company in 2015. Planet3 agreed to earth and life science curriculum with supplemental lesson plans and free 24-hour access to the platform for students, teachers and parents.

article thumbnail

Hack Education Weekly News

Hack Education

” It reminded me, not of Carnegie who the article mentions, but of Gates , who initially started funding libraries – public and collective access to digital technologies – before turning to school reform and “personalized learning” efforts. I missed this news back in February: Chegg acquired RefMe.

article thumbnail

Hack Education Weekly News

Hack Education

” A data breach at Chegg – more details in the data and surveillance section below. Common App will merge with Reach Higher , a college-access program started by Michelle Obama. Via Techcrunch : “ Chegg resets 40 million user passwords after data breach.” Robots and Other Education Science Fiction.