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ACT’s Latest Act: Investing in an Open-Source Assessment Startup

Edsurge

Ever since taking the helm as CEO in 2015, Marten Roorda says ACT has closed 10 deals in which it has invested in, acquired or formed strategic partnerships with educational companies. Besides just being an assessment company, we’re also becoming a learning and navigation company,” Roorda tells EdSurge in an interview.

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Colleges Are Striking Bulk Deals With Textbook Publishers. Critics Say There Are Many Downsides.

Edsurge

And of course there are other vendors, like Elsevier and Wiley (like Jones Soda and RC) and openly-licensed resources known as OER, or open education resources (which are something like a Sodastream homebrew). There’s a surprising amount of momentum behind it,” said Phil Hill, a longtime edtech consultant.

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Hack Education Weekly News

Hack Education

Chopra worked at the CFPB and, while there, “sued two for-profit-college companies – ITT Educational Services Inc. ” It’s now unclear, observers say, if the FTC can regulate companies like Google or Verizon. ” “Two assessment companies – Educational Testing Service and Data Recognition Corp.

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(The Very Last) Hack Education Weekly News

Hack Education

A glimpse : “In China ’s Silicon Valley, Edtech Starts at the ‘MOOC Times Building’ ” Via Class Central : “By The Numbers: MOOCs in 2018.” The company has previously raised some $10 million for its science curriculum. Good thing this company isn’t involved in education either.

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Hack Education Weekly News

Hack Education

Via the AP: “A new federal lawsuit by Pennsylvania ’s attorney general says the nation’s largest student loan company engaged in abusive practices that have cost borrowers billions of dollars.” ” The largest student loan company is Navient. She’s an investor in a company that targets that group.)

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Hack Education Weekly News

Hack Education

Via Nature : “One of the world’s largest science publishers, Elsevier , won a default legal judgement on 21 June against websites that provide illicit access to tens of millions of research papers and books. ” (Among those education companies in Binary Capital’s investment portfolio : Educents.).

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Hack Education Weekly News

Hack Education

” Shares in for-profit higher education companies were up on news of Trump’s election. ” Via AFR : “ Peter Thiel’s company Palantir Defense could win contracts under Donald Trump.” Inside Higher Ed profiles homework help company Course Hero. The Chinese online learning company has raised $40.14