Chegg Expands Student Debt Relief Benefit for Employees—Up to $5,000 More a Year

Edsurge

Now, a publicly-traded education company that serves millions of college students has ramped up student debt relief services for its own employees. Chegg , based in Santa Clara, Calif., To be clear, this is not a new perk for Chegg employees.

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Cheating on Chegg? Maybe Not on Its Tutoring Platform

Edsurge

Must have 7 resources.” That’s an example of a request that can be found on online tutoring services like Chegg, as shared by a senior data scientist at the company, Sanghamitra Deb. Yet this is the kind of “help” that Chegg’s tutoring service can sometimes be used for. based company wants to thwart. The company, however, does not want students to use its site to get tutors to do their work for them.

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K-12 Dealmaking: Chegg Acquires Easy Solutions; Age of Learning Raises $150 Million

Marketplace K-12

The month of May kicked off with a significant number of deals in the ed-tech sector, including acquisitions by Chegg and ACT, Inc. In addition, several companies, including Age of Learning, CodeCombat and GotIt!, Chegg Acquires Imagine Easy Solutions: The learning platform provider has acquired Imagine Easy Solutions , the provider of EasyBib.com and other writing tools, for approximately $42 million in an all-cash transaction, Santa Clara, Calif.-based

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That’s a Rap! Nearpod Buys Educational Hip Hop Creator, Flocabulary

Edsurge

It’s out of the ordinary when Nearpod buys a company. The Brooklyn-based company best known for fusing hip hop with educational content in music videos and instructional activities, has been acquired by Nearpod , which helps educators beam digital content to students’ devices.

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Predictions of Print Textbooks’ Death Remain Greatly Exaggerated

Edsurge

Just ask Jessica Reid Sliwerski, CEO of Open Up Resources. 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.

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How Merger of Two Textbook Giants Could Impact Course Materials

Edsurge

That appears to be the hope of officials at the two companies, which have both been trying for years to shift the focus of their businesses from selling print books to shipping software and other online tools, and have recently been experimenting with subscription models.

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Acquisition Autopsy: Details—and Questions—Behind MissionU’s $4M Sale to WeWork

Edsurge

Two years ago, the “college-alternative” company launched to glowing coverage on TV shows, raised $11.5 A company’s closure naturally raises question about the viability of its ideas and business model. Fast Company, which broke the story , reported that the acquisition was an all-stock deal. Reactions from the company’s investors have included surprise, disappointment and a desire to forget the deal ever happened.

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Top Trends Higher Education Textbook Publishers Must Follow

Kitaboo on EdTech

Rather than giving out a default collection of chapters in every eBook, let them choose their own learning resources and create personalized learning materials. Companies like Chegg, eFollett, and BookRenter are offering new textbooks on rent for less than the price of a used book. Today, a lot of companies offer subscription-based services. The idea behind it is to give unlimited access to resources at a specific cost for a specific period.

Move over 401(k)s — this new perk is helping millennials pay off college loans

The Hechinger Report

Alanda Povroznik, at head of table, works for a company that, as a benefit, will soon be helping her repay her college loans. An executive vice president at the investment company Natixis Global Asset Management, Farrington was surprised to find his audience of millennials unmoved.

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Hack Education Weekly News

Hack Education

Via Inside Higher Ed : “Two sports apparel company executives and an aspiring sports agent were found guilty Wednesday of wire fraud charges in connection with the most significant sports scandal in recent National Collegiate Athletic Association history – a scheme to pay off the families of men’s basketball recruits and secure their commitment to teams at Adidas-sponsored universities.” Doesn’t look like the company has anyone to take his place yet.

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Hack Education Weekly News

Hack Education

The model is designed to equitably allocate local, state and federal resources based on student needs.” Via The Wall Street Journal : “ California plans to sue one of the nation’s largest student loan companies.” Chegg has acquired the flashcard app StudyBlue for $20.8 Each week, I gather a wide variety of links to education and education technology articles.

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5 Ed-Tech Ideas Face The Chronicle’s Version of ‘Shark Tank’

Wired Campus

In the TV series Shark Tank, entrepreneurs with budding companies pitch their ideas to a panel of investors who ask probing questions and then decide whether to back the proposals. Our sharks were Goldie Blumenstyk, a senior writer at The Chronicle; Jason Jones, a co-editor of the ProfHacker blog and director of educational technology at Trinity College, in Connecticut; and Paul Freedman, founder of Entangled Ventures, an education-technology company.

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