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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Top Trends Higher Education Textbook Publishers Must Follow

Kitaboo on EdTech

For those who are newly exploring the digital market, keeping up with the trends which change rapidly is difficult. Here are some of the top trends that higher education textbook publishers must follow to increase their digital sales: 1. 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.

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. The company has invested in a partner rental program that should reach 400 titles in the second half of this year.

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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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Edtech Industry Magnate Michael Moe Makes a Pivot

Edsurge

In the global marketplace and growth economy, your education and your knowledge makes the difference, not only for an individual but for a company and, for that matter, a country. public market cap companies. We’re starting to see companies emerge that are becoming large.

MissionU Says It Can Replace Traditional College With a One-Year Program

Edsurge

A venture-backed company today announced a new educational offering billed as an alternative to the standard undergraduate experience. He started his career as a consultant for Bain & Company, but during a trip to India when he was 25 years old he was inspired to start a nonprofit, Pencils of Promise, and to write a bestselling memoir called “The Promise of a Pencil: How an Ordinary Person Can Create Extraordinary Change.”

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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

” Pearson and Chegg are partnering for textbook rentals. 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? The adaptive learning company has raised $16 million total. The learn-to-code company has raised $1.19 TakeLessons has acquired digital sheet music company Chromatik. Education Politics.

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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

Not really ed-tech-related, except for all those companies saying they’re “Uber for education.” The Chan Zuckerberg Initiative ’s CTO, Brian Pinkerton , is leaving the company. ” I mean, as long as data isn’t an issue and tech companies can build voice recognition software that recognizes languages other than English and accents other than Californian. ” The Chronicle of Higher Education on Elsevier “becoming a data company.”