September 28, 2015 – October 5, 2015

Industry Related Reports

National News

  • Laureate Education to Become Publicly Traded
    “Laureate Education on Friday announced plans to once again become a publicly traded company. Laureate is the largest U.S.-based for-profit college chain, with over one million students at 88 institutions in 28 countries. The privately held company was publicly traded before 2007, when a group of investors led by its CEO, Douglas L. Becker, bought Laureate in a deal valued at $3.8 billion….”
  • Credentialing ‘Summit’ Will Tackle Proliferation of Degrees, Badges, and Certificates
    “More than 150 people from education, labor, business, and public-policy organizations will gather here on Monday to kick off a process aimed at making better sense of the myriad of credentials that people use to advance their careers and employers depend upon when hiring. At issue are traditional credentials in academe and the workplace as well as newfangled ones like the badges issued by MOOC operators and certificates from other so-called alternative providers….”
  • Education Secretary Arne Duncan Steps Down After 7-year Term
    “Arne Duncan, who followed President Barack Obama to Washington to serve as his education secretary, announced Friday he will step down following a seven-year tenure marked by a willingness to plunge head-on into the heated debate about the government’s role in education….”
  • General Assembly Raises $70M to Narrow the Skill Gap
    “Good winds are blowing in professional education. General Assembly, a startup that offers online and offline training for workers who want to acquire tech-related skills, just raised $70 million. The money comes from two new investors, Advance Publications and Wellington Capital Management LLP, as well as a list of existing ones, such as IVP, Learn Capital, Maveron, Rethink Education, WTI, and others….”
  • Strayer Program May Hold Key to Keeping Corporate Partners Through Downturns
    “Employer-paid tuition programs generally rise and fall with the economy. When there is a strong economy and low unemployment, employers do more to entice workers to choose them. When the economy weakens, employers don’t need to do as much to get or keep workers because they have fewer alternative options….”
  • Rethinking State Support for Higher Ed
    “State spending on public higher education has been in a free fall since the Great Recession. According to the Center on Budget and Policy Priorities, in 2013-14, average state support for higher education was 23 percent less than it was prior to the recession. For many colleges and universities, reductions in state spending have left sizable budgetary holes that cannot be filled exclusively with spending cuts….”
  • Transformative Chief Leads Voc-Tech Charge
    “When Sheila M. Harrity leads, she makes an impact. Last fall, when she became superintendent-director of Montachusett Regional Vocational Technical School District—better known as Monty Tech—Harrity hit the ground running, transforming programs and searching out partnerships to ensure her students find good work right out of school and/or attend college for more degrees and a successful future. Monty Tech, located in north central Massachusetts, serves 18 communities.….”

Local News

Indiana

  • What Will Next Indy Mayor Do With Charter Schools?
    “The next Indianapolis mayor will inherit a power that gives him direct control in shaping the city’s educational landscape, an elevated role that is essentially unprecedented in the state and across the country. It’s a political hotbed that will put the city’s new chief executive in charge of a growing network of charter schools, which with about 14,000 students ranks as the fifth-largest school district in Marion County behind Perry Township….”

Michigan

  • Can Community Colleges Save Highland Park Schools?
    “The struggling Highland Park school district could be in for an overhaul: The emergency manager for the district and some state lawmakers are having conversations with community colleges interested in designing a K-14 system for students in the city….”

New York

  • N.Y.C. Pushes to Meet Promise of Universal Pre-K
    “This fall, about 65,000 4-year-olds—enough children to make a sizable school district of their own—started full-day prekindergarten in New York City. The enrollment more than triples the number of full-day pre-K seats that were available just two years ago. Mayor Bill de Blasio campaigned on a promise of universal preschool and convinced the state legislature to provide $300 million to help launch it….”

Pennsylvania

  • Philadelphia School District Proposes Massive Restructuring Plan
    “The School District of Philadelphia proposed a sweeping set of changes that would affect 5,000 students and more than a dozen of its schools — changes that include openings, closings, and in-district and charter conversions. But the Pennsylvania state budget impasse makes the cost of reforms a persistent question mark….”

World News

  • Bangladesh Struggling to Keep Up with Demand for Higher Education
    “A massive school-aged population and strengthening economy have placed Bangladesh on the list of key emerging markets for the next decade…Tertiary enrolment has tripled in the country since 2000, as has outbound mobility…Private universities are playing an increasingly important role in meeting the growing demand for higher education…New legislation introduced in 2014 has also opened the door to new branch campuses in the country operated by foreign universities….”
  • Arctic Education: The World’s Northernmost University is Booming
    “Their presence reveals how an increasing number of people want to incorporate international travel — even to somewhere remote and potentially hostile — in their studies. It could also change how this corner of the Arctic learns to make the most of tourism. There are now 600 students and 75 staff — a huge surge since the university started out in 1993 with an intake of 30.….”
  • The Future of Puerto Rican Education
    “For now, Pell grants provide a stable revenue source for Puerto Rico’s public and private universities, but their Pell dependence could result in problems down the line. Any changes to how Pell grants are awarded would therefore have a disproportionate effect on Puerto Rico’s universities….”