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U. of Arizona Bought a For-Profit U. for $1? Actually, the For-Profit Paid Millions to Be Acquired.

Edsurge

Except that Ashford’s parent company will end up paying millions to Arizona to make it happen, leading New America’s Kevin Carey, the group’s director of education policy programs, to argue in a widely shared Tweet that “it’s not really a purchase at all.” In 2017, Purdue University bought Kaplan University , also for $1.

Kaplan 159
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Who is the Theranos of Education?

Edsurge

Over the last few months, biotech company Theranos has re-entered the conversation due to a slew of newsworthy happenings—the Elizabeth Holmes trial finally came to an end with four of 11 charges of fraud, and Hulu announced The Dropout’s debut while Apple Original Films’s Bad Blood is currently in production. Money came flowing.

Knewton 218
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Unable to ‘Reach a Sustainable Business Model,’ Dev Bootcamp Will Shut Down in December

Edsurge

In an email, the company stated that “we’ve determined that we simply cannot reach a sustainable business model without compromising our mission of delivering a high-quality coding education that remains accessible to a diverse population of students.”. The company was founded in 2012, and had bootstrapped its growth until its.

Kaplan 98
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Beer making for credit: Liberal arts colleges add career tech

The Hechinger Report

Credit: Yunuen Bonaparte for The Hechinger Report. In a survey conducted by Quest Research and the Kaplan test-prep company, they were four times more likely to say they’d hire an English major with a credential in cybersecurity than an English major without one. “We Credit: Yunuen Bonaparte for The Hechinger Report.

Kaplan 125
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Yes There’s ‘Disruption’ in College Market, But the Bigger Trend Is Growth of ‘Enabler’ Companies

Edsurge

This dwarfs the nascent markets for unaccredited microcredentials (perhaps $250 million) or the revenue generated by coding bootcamps ($200 million in 2016, according to Course Report).

Company 92
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9 Insights For Educators We Learned On A Zoom Call — With Zoom

Edsurge

As early excitement about Zoom gave way to questions and concerns about privacy, security and unequal access, other companies seized the opportunity to elbow their way into the new competition for digital communication tools appropriate for preschoolers and college students alike. But Zoom has held on. It’s high energy.”

Company 178
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Mark Cuban, ECMC Lead $1.8M Round for Cluster to Develop Industrial Tech Talent

Edsurge

The new roles require new digital skills—with design tools like Siemens NX and CATIA, and companies struggle to find qualified candidates, according to Cluster’s founder and CEO, Kim Taylor. The company is based in Los Angeles, home to many of these companies. That company was sold to Wiley in 2016 for a reported $25 million.

Industry 118