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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). In the new model, students usually pay a per-course fee that covers digital texts and homework systems.

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Hack Education Weekly News

Hack Education

Via Mother Jones : “How the Justice Department Is Trying to Dismantle Georgia ’s Segregated Special-Education System.” Chopra worked at the CFPB and, while there, “sued two for-profit-college companies – ITT Educational Services Inc. ” asks Fast Company. (I’m and Corinthian Colleges Inc.

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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 Politico : “The Kansas Supreme Court rejected the state’s school funding system in a ruling issued Monday that found it runs afoul of the state’s constitution by failing to adequately and equitably fund its school districts.” ” The largest student loan company is Navient. More potential markets!

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Hack Education Weekly News

Hack Education

Via Inside Higher Ed : “The British government releases the results … of its new three-tiered rating system of teaching quality at universities.” A New York district court awarded Elsevier US$15 million in damages for copyright infringement by Sci-Hub , the Library of Genesis (LibGen) project and related sites.”

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Hack Education Weekly News

Hack Education

There’s more MOOC news down in the “labor and management” section below, perhaps prompting another question that Edsurge doesn’t think to ask: “How viable are these companies that are being used to outsource and privatize online higher education?” The company has raised $16.6 million total.