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Why I’m Optimistic About the Next Wave of Education Technology

Edsurge

The first online class we launched in 1998 was little more than flat text on webpages, and we closely followed the birth of learning management systems, meeting with both Blackboard and WebCT before they achieved their first $1 million in revenue. 2004-2011: Washington Leans In. billion in 2010.

Kaplan 161
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Hack Education Weekly News

Hack Education

. “In a sweeping move, the for-profit school chain has been told to lock its doors after parliament demanded it halt operations in response to its failure to meet educational and infrastructure standards.” Via the Coursera blog : “Coming soon to all courses: Flexible session-based schedules.” ” Oh look.

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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.” ” Online Education and the Once and Future “MOOC” Via Edsurge : “ Andrew Ng , Co-Founder of Coursera , Returns to MOOC Teaching With New AI Course.” The company has $8.3 million total.

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Hack Education Weekly News

Hack Education

” Via Politico : “A complex legal battle involving dozens of debt collection companies fighting over contracts with the Education Department has essentially suspended the government’s ability to collect defaulted student loans , the Trump administration disclosed in a court filing on Monday night.”

Kaplan 46
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The Top Ed-Tech Trends (Aren't 'Tech')

Hack Education

.” We can see in Reagan’s pledge the roots of ongoing efforts to defund public education, something that enabled for-profit schools to step in to meet the demand for college. ” Despite thinking of themselves as liberal-learning, today’s tech companies re-inscribe much of this. “Disrupt.”

Trends 64
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The 100 Worst Ed-Tech Debacles of the Decade

Hack Education

Without revenue the company will go away. Or the company will have to start charging for the software. Or it will raise a bunch of venture capital to support its “free” offering for a while, and then the company will get acquired and the product will go away. And “free” doesn’t last. Textbook Publishers vs. Boundless.

Pearson 145
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The Business of Education Technology

Hack Education

Bust or not, companies across the tech sector, particularly those with high “burn rates” , faced tough choices in 2016: “cut costs drastically to become self-sustaining, or seek additional capital on ever-more-onerous terms,” as The WSJ put it – that is, if they were able to raise additional capital at all. .”