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Edtech Earnings Roundup: How 2U, Chegg, Instructure and Pluralsight Fared in Q2 2019

Edsurge

The latest quarterly earnings for publicly traded education technology companies was especially rough for 2U , which revised its loss guidance for the year and stated that it expected enrollment challenges to its core business of running online graduate programs with universities.

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Edtech Industry Magnate Michael Moe Makes a Pivot

Edsurge

Together they have run the ASU GSV Summit , the annual must-go-to event for business leaders and investors in edtech. DeVry University was another very successful company, delivering important skills for the untypical college student, as was Education Management Corp.

In Move to ‘Unlimited’ Pricing Model, Cengage Hopes for a Comeback

Edsurge

The company reemerged a year later intent on growing its digital offerings and making more strategic acquisitions and partnerships. At the recent ASU+GSV Summit in San Diego, EdSurge caught up with Cengage CEO Michael Hansen to capture his thoughts about the (un)affordability of course materials, faculty concerns about digital texts and what the company is looking for in its next acquisition. Tell me a little bit about some of your recent partnerships with companies such as Chegg.

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Hack Education Weekly News

Hack Education

” Via Education Week : “Security Companies Sell School ‘Hardening’ as Mass-Shooting Solution.” ” Via MyNDNow.com : “ Iowa company donates AR–15s to be placed in Bismarck schools.” “Online education unicorn Udacity has quietly laid off 5% of staff – at least 25 people – since August,” says Techcrunch , proving that “ unicorn ” is really a meaningless label for tech companies.

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Hack Education Weekly News

Hack Education

Via Forbes : “The Startup President: How France ’s Macron Nearly Built An EdTech Company.” ” Ed-tech: where you don’t need an actual product idea for a company, and you can incubate your neoliberalism anyway. ” “Examining Trends in Graduate Student Debt by Race and Ethnicity” by Seton Hall University professor Robert Kelchen. So many people predicting this company would disrupt higher ed.

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Hack Education Weekly News

Hack Education

“Is Your Edtech Product a Refrigerator or Washing Machine?” ” Pearson and Chegg are partnering for textbook rentals. “Why Fixing the Pipeline Alone Won’t End Edtech’s Diversity Problem ,” says Edsurge. The private student loan company has raised $50 million total, but I’m told “fintech” doesn’t “count” as ed-tech so let’s just ignore this trend, right? Education Politics.

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