EdSurge HigherEd Year in Review: Our Top Higher Education Stories of 2018

Edsurge

While not quite the “Year of the MOOC,” 2018 saw a resurgence in interest around the ways these massive open online courses are delivering free (and more often these days, not free) online education around the world, and how these providers are increasingly turning to traditional institutions of learning. How the Company Aims to Catch Tutoring Requests That Go Too Far. Here’s a look at how the education company is responding. The “Year of the MOOC” is long behind us.

How AI Can Compliment Educators, Not Replace Them

EdNews Daily

51Talk (or “China Online Education Group”), China’s leading online education platform and the first from China listed on the NYSE (NYSE: COE), was invited to attend the summit alongside education industry leaders such as Pearson, Amazon, and YouTube.

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As Traditional Colleges Grow, Online OPM Relationships Shift

Wisewire

That’s how much Georgia Tech’s online master’s of computer science degree cost when it launched through MOOC-provider Udacity in 2014. And Pearson, an OPM for online powerhouse Arizona State University, is working with Maryville University, a private nonprofit near St.

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US Edtech Investments Peak Again With $1.45 Billion Raised in 2018

Edsurge

education technology companies raised $1.45 And that dip in dealflow has been happening in recent years: Investors are pouring more money into the edtech industry, but across fewer companies. edtech industry matures, companies with demonstrable revenue growth are distinguishing themselves from the rest of the pack and attracting bigger funders higher up the investment ladder. For edtech companies able to show consistent growth and revenue, that should be welcome news.

Fewer Deals, More Money: U.S. Edtech Funding Rebounds With $1.2 Billion in 2017

Edsurge

So far this year, these companies raised over $1.2 educational technology companies whose primary purpose is to improve outcomes for teachers and learners across K-12 and higher education. billion—does not account for companies whose primary product and service focus on student loan refinancing. edtech companies. In 2017, three companies—EverFi ($190 million), Hero K12 ($150 million) and Grammarly ($110 million)—accounted for 37.5

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The Stories We Were Told about Education Technology (2019)

Hack Education

And so that we don’t forget and so that we can hold some of these people and companies accountable, here is a list of some of what did actually happen this year, jotted down for my own memory mostly and so I can see the full arc of the decade’s storytelling: Silicon Valley darling AltSchool “ called it quits ” after raising almost $180 million and promising to personalize education through surveillance. Pearson sold its US K-12 curriculum business for $250 million.

Rethink Education Re-Ups Commitment to Edtech With $107.5 Million Fund

Edsurge

Since launching in 2012, Rethink has invested in 27 companies that serve a broad spectrum of learners and needs, ranging from elementary-grade grammar ( NoRedInk ) to college student success platforms ( Civitas Learning ) and career training for professionals ( General Assembly ). Another two companies, McGraw-Hill and Pluralsight , are also in the portfolio through their acquisitions of two Rethink-backed startups, Engrade and Smarterer respectively. Venture capital for U.S.

The Business of 'Ed-Tech Trends'

Hack Education

When I first started working as a tech reporter, I assumed – naively – that venture capitalists were smart people who did thorough research before funding a company. I assumed that they looked to see if the company could do what it promised – financially, technologically. Its founder, Elizabeth Holmes, dropped out of Stanford to start the company when she was just 19. The companies that raised the most money this year: BYJU’s (tutoring): $540 million.

More on the Cost Trap and Inclusive Access

Iterating Toward Openness

And the idea of pivoting away from that at the exact moment Pearson, Cengage, and McGraw-Hill are adopting that approach seems a bit too convenient. But because Pearson has the exclusive rights to distribute this title, there is no competition and you’ll pay over $200 for a new copy. What do you think the whole MOOC thing George Siemens and I and others was about? And no, Stephen, Lumen is not “in the same business as Pearson, Cengage and McGraw-Hill Education.”

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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. (It’s

Hack Education Weekly News

Hack Education

” São Paulo has approved a bill that would allow companies to manufacture school uniforms and sell branding and sponsorship opportunities on the clothing. Online Education (and the Once and Future “MOOC”). A call to rebrand MOOCs , from Edsurge. ProPublica with more news about Facebook and discrimination : “Dozens of Companies Are Using Facebook to Exclude Older Workers From Job Ads.” (National) Education Politics.

Machine Teaching, Machine Learning, and the History of the Future of Public Education

Hack Education

Companies have been selling their products – textbooks, workbooks, maps, films, and so on – to schools for well over a century. Pearson, for example, was founded (albeit as a construction company) in 1844 and acquired along the long history various textbook publishing companies which have also been around since the turn of the twentieth century. Their products will make teachers’ work easier, faster, companies have always promised.

Can US Higher Education Publishers Leverage a Subscription Model

Kitaboo on EdTech

But how do they compete with resources like MOOCs and OERs that have made high quality course content from respected university professors available for free? Companies that provide subscription-based services, offer monthly, quarterly, yearly, two-yearly subscriptions.

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Positioning Techniques of The Non-Profit University in For-Profit Education Ventures

hem.digital

Cintana is a privately-held organisation, but ASU will be represented on the Board and ASU Enterprise Partners, the university’s holding company holds equity in Cintana.

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The Business of 'Ed-Tech Trends'

Hack Education

Tom Webster, the VP of strategy at the market research firm Edison Research, argued that the report should be viewed as “an extremely effective piece of content marketing,” pointing to the number of slides that cite data about or by a portfolio company of Meeker’s employer, the venture capital firm Kleiner Perkins Smith Caulfield. “Why are there 72 slides about gaming, from a company invested in EA, Zynga, Mobcrush, and Magic Leap?” Pearson, for one.)

Hack Education Weekly News

Hack Education

News from the most well-funded ed-tech company, student loan provider SoFi : SoFi settles w/ FTC over allegations it misrepresented how much borrowers save by refinancing. Online Education (and the Once and Future “MOOC”). ” My most favorite lines simply must be these: “One of the early adopters of Imbellus was McKinsey & Company , the management consulting firm, which uses the scenario assessments to find job candidates.

Hack Education Weekly News

Hack Education

Online Education (The Once and Future “MOOC”). ” “Aftermath of the MOOC wars: Can commercial vendors support creative higher education ?” through-MOOCs program launched, its College of Business says it is seeing the contours of a model it can use to promote the university abroad, enroll previously untapped groups of students and attract corporate partners.” US Presidential Campaign Politics. There was a Vice Presidential debate this week.

Hack Education Weekly News

Hack Education

Mostly tutoring companies.). “ ICE officials have invited tech companies, including Microsoft , to develop algorithms that will track visa holders’ social media activity ,” ProPublica reports. ” Online Education and the Once and Future “MOOC” The University of Iceland has joined edX. ” “ Pearson , WTF? Badges , patents, and the world’s ‘least popular’ education company” by Doug Belshaw.

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

Hack Education

” Despite thinking of themselves as liberal-learning, today’s tech companies re-inscribe much of this. What sorts of companies and what sorts of products do venture capitalists like, for example? This is part of the push for MOOCs, we must be honest.).

Hack Education Weekly News

Hack Education

” (Related: “Theranos investor Tim Draper blames the company’s downfall on an investigative journalist,” Business Insider reports.). ” Online Education (and the Once and Future “MOOC”). “Free MOOCs Face the Music,” writes Inside Higher Ed on edX ’s decision to start charging fees. More “MOOC” news under the job training section below. The company has raised $21.8 The company has raised $10.2

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Hack Education Weekly News

Hack Education

” Sandler is also the founder of the ed-tech company Nibletz. ” I’m putting this story here as it discusses VCs’ willingness to continue to invest in Mike Cagney , the former head of the student loan company SoFi. Via The Guardian : “ Student Loans Company ‘spied on vulnerable students’ social media’ ” The “New” For-Profit Higher Ed. ” Online Education (and the Once and Future “MOOC”).

Hack Education Weekly News

Hack Education

The move comes after criticism from government watchdogs who warned of financial entanglements with private companies vying for millions in GI Bill tuition.” Online Education and the Once and Future “MOOCMOOCs are dead , according to Udacity ’s VP. ” Never one to let a good MOOC story pass them by, Edsurge repeats the story. “MOOCs Are ”Dead.“ The Chinese “homework help” company has raised $55.7

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Hack Education Weekly News

Hack Education

Online Education (and the Once and Future “MOOC”). Via Class Central : “ MOOCs May Still Be Reshaping Higher Education, Just Not In the Way That Was Initially Predicted.” There’s more MOOC news in the contests and competition section below. Actually it’s Trilogy Education’s bootcamp , as the UO is outsourcing instruction to this company. “ Can Pearson Sell Efficacy?

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Hack Education Weekly News

Hack Education

Online Education and the Once and Future “MOOCMOOCs. “Learning Creative Learning: It’s not a MOOC , it’s a community,” says the MIT Media Lab. “A Proposal to Put the ‘M’ Back in MOOCs ” – an op-ed by Class Central ’s Dhawal Shah in Edsurge. “Rethinking MOOCs ” – an op-ed in Duke University’s newspaper The Chronicle. The debit card (for teens) company has raised $8.6

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Hack Education Weekly News

Hack Education

Online Education (and the Once and Future “MOOC”). It’s baaaaack: “Return of the MOOC ,” The City Journal tells us. There’s some (sorta) MOOC-related news in the venture funding section below. The “pioneer in the science of learning,” as Inside Higher Ed puts it , will help the technology company with its internal training program. Because MOOCs on an airplane proved to be such an effective mode of instruction.

Hack Education Weekly News

Hack Education

The company alleges in a lawsuit, which became public on Monday, that the Education Department’s process for selecting companies for its new loan servicing platform has been unfair and violated federal procurement rules.” ” Online Education (and the Once and Future “MOOC”). Via Campus Technology : “The University of North Dakota has teamed up with for-profit training company Woz U to provide short-term technology education programs.”

Hack Education Weekly News

Hack Education

Testing, Testing… Via EdWeek’s Market Brief : “British Officials, Pearson Probe Effort to Leak Test Content.” Online Education (The Once and Future “MOOC”). ” “ Zynga ’s Headquarters Is Worth More Than The Actual Company.”

Hack Education Weekly News

Hack Education

I wrote “an explainer” of sorts on Thiel and his politics, and I listed the education companies that he’s invested in. Have any ed-tech companies, particularly those funded by Thiel or Zuckerberg or Y Combinator, spoken out about this? Presidential Campaign Politics.

Hack Education Weekly News

Hack Education

Online Education (and the Once and Future “MOOC”). ” Via Edsurge : “What’s Next for Pearson ? Via EdWeek’s Market Brief : “ ISTE Unveils Plans to Match Ed-Tech Companies With Educators for Feedback on Apps.” The company “provides personalized educational feedback services for students,” and according to Crunchbase has raised $184 million total. The online education company has raised $12.5

Hack Education Weekly News

Hack Education

Online Education (and the Once and Future “MOOC”). So much MOOC news! (Or “ MOOCs Are Global. Also via Edsurge : “How Harvard Is Trying to Update the Extension School for the MOOC Age.” “ Are Edtech Companies Doing Enough to Protect Student Privacy? Via GeekWire : “ Project Unicorn signs first companies to help schools handle the hairball of edtech data.” Digital training company QuizRR has raised $1.3

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Hack Education Weekly News

Hack Education

Here are the education technology companies that have raised money from ISPs. ” Online Education and the Once and Future “MOOC” “Why Haven’t MOOCs Eliminated Any Professors?” I’d totally forgotten that Zynga was still a thing, but apparently the company has enough money to subsidize gaming courses. Via Edsurge : “ Pearson , an Investor in Knewton , Is ‘Phasing Out’ Partnership on Adaptive Products.”

Hack Education Weekly News

Hack Education

Wayne Johnson, the head of the department’s financial aid division and a former executive at a student loan company , says that those “non-traditional” servicers could include companies like Visa , Amazon , or Goldman Sachs. ” The Wall Street Journal profiles InfiniLaw , a company that runs for-profit law schools. Online Education and the Once and Future “MOOC” These headlines just kill me. Tutoring company Upswing has raised $1.5

Hack Education Weekly News

Hack Education

Via The Wall Street Journal : “ California plans to sue one of the nation’s largest student loan companies.” Online Education (and the Once and Future “MOOC”). Via Inside Higher Ed : “ Pearson today signaled an increased focus on artificial intelligence and personalized learning with the appointment of former Intel executive Milena Marinova.” Each week, I gather a wide variety of links to education and education technology articles.

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Hack Education Weekly News

Hack Education

And this prompted me to update my list of education / technology companies that are ALEC members.). His rather disastrous business history in ed-tech includes SoftKey and The Learning Company. The Department of Justice , 21 states, and the District of Columbia have reached a $864 million settlement with Moody’s Investors Service over the company’s role in faulty credit ratings that led to the financial crisis of 2008. The company has raised $14.75

Hack Education Weekly News

Hack Education

” The company – funded by Mark Zuckerberg, Bill Gates, Pearson, Learn Capital, and others – says it will remain open. ” “The Indiana Department of Education is seeking $4 million in damages from the company that created last year’s problem-plagued ISTEP test. The state blames the California-based CTB company for the scoring problems and technical glitches that led to delays in releasing last year’s test results,” says Chalkbeat.

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