Colleges move to refund student fees, but can their budgets take the hit?

educationdive | March 31, 2020

Colleges face a grim and uncertain financial future as the coronavirus spreads throughout the U.S. and upends the global economy. In the past several weeks, colleges nationwide have been preoccupied shifting classes and exams online, which for many meant spending time and money to create a robust enough digital infrastructure to support an influx of students.  As students and instructors adjust to remote learning for the immediate future, administrators are turning to a new challenge: shielding their institutions' finances while addressing students' demand for refunds of room, board and other fees.

Spotlight

It’s virtually impossible to name an industry that hasn’t been transformed by technology. Education is no exception. From Apple computers to smartphones, iPads, and virtual reality, students and teachers are embracing the exciting educational opportunities offered by technology. American University’s School of Education has created the following infographic which looks at the future of education technology.

Spotlight

It’s virtually impossible to name an industry that hasn’t been transformed by technology. Education is no exception. From Apple computers to smartphones, iPads, and virtual reality, students and teachers are embracing the exciting educational opportunities offered by technology. American University’s School of Education has created the following infographic which looks at the future of education technology.

Related News

EDUCATION TECHNOLOGY

Snapology Celebrates National STEM Day as Leader in Education Space

Snapology | November 08, 2022

Snapology, the No. 1 children's STEM/STEAM franchise and part of the world's first Youth Enrichment franchise platform company Unleashed Brands, is celebrating National STEM Day (Nov. 8) after making tremendous strides in STEAM educational enrichment opportunities, franchise offerings, and helping millions of kids across the country develop foundational STEAM skills. The company is consistently seeing significant growth through franchise signings that will continue into 2023 as demand increases for STEAM-based learning programs nationwide. Since its acquisition and joining Unleashed Brands in July of 2021, the brand has been able to elevate its franchise offerings by launching a reimagined Discovery Center, developing a new business model with "Snapology-in-Urban Air," as well as continuing to offer mobile Snapology programs that allow franchisees to reach more families in the community. For franchisees, these redesigned business models offer a variety of revenue opportunities and the freedom to operate year-round. Year to date, the brand has opened 11 classrooms inside Urban Air Adventure Parks, seven community-based locations and two Discovery Center with one of the revamped Discovery Centers being the first-of-its-kind joint location with sister brand The Little Gym International. Snapology has also invested in perfecting the customer experience by offering new membership programs and gamifying education through their "Passport" program, which aims to encourage children to take classes to earn stamps and degrees to win swag and other prizes. This program entices children to continue their Snapology classes by creating incentives for children to learn fundamental STEAM skills, develop critical social skills and create recurring revenue for franchisees. Since the Unleashed Brands acquisition, Snapology has doubled franchise signings over the past year. In 2023, there are plans to open 15 new Discovery Center locations throughout the country, including debuts in New Braunfels and Cedar Park, TX, Lexington, SC, North Tampa, FL, Rogers, AR, Harrisonburg, VA, Troy, MI, San Diego, CA, and Lehi, UT. "We're incredibly grateful for our company's growth and success which reflects on the progress being made to revolutionize the way kids learn about STEAM, This year, National STEM Day is extra special to our team as we reflect on our success but more importantly, the impact Snapology has made to inspire the next generation of STEAM leaders." Laura Coe, Brand President & CEO for Snapology. The key to success has been the brand's understanding and commitment to play an active role in inspiring the next generation of scientists, engineers and mathematicians through excitement in STEAM concepts at an early age. Snapology encourages social skills and teamwork by teaching science, technology, engineering, art, math, and literacy concepts in a fun way. The brand uses a research-based curriculum, designed to be inclusive to all learning abilities with a hands-on teaching approach that uses LEGO® Bricks and other building toys, along with coding, video game design and robotics that encourage the perfect mix of play, academic enrichment, and social development. About Snapology Founded in 2010, Snapology is the #1 children's enrichment franchise in the country, giving children the opportunity to learn through play with more than 80 enriching, interactive STEAM and STEM programs. With over 180 locations in the U.S. and Internationally, Snapology is quickly growing and impacting children throughout the world with its balance of educational enrichment, social development, and fun. For more information about Snapology including franchise opportunities, visit www.Snapology.com. About Unleashed Brands Unleashed Brands, currently includes portfolio brands Urban Air, Snapology, The Little Gym, XP League, Class 101 and Premier Martial Arts and was founded to curate and grow a portfolio of the most innovative and profitable brands that help kids learn, play, and grow. Over the last 10 years, the team at Unleashed Brands has built a proven platform and know-how for scaling businesses focused on serving families. Its mission is to impact the lives of every kid by providing fun, engaging, and inspiring experiences that help them become who they are destined to be.

Read More

EDUCATION TECHNOLOGY

Digilangua Partners with Magic EdTech to Launch Digital Library of Comprehensible Novels

Magic EdTech | November 30, 2022

Digilangua, a New York-based provider of a digital library of comprehensible novels, has partnered with Magic EdTech to offer an added solution for language teachers. The solution will empower educators with digital access to their publications and enable continued contact with languages being acquired. It will be available to teachers and students worldwide. Digilangua's digital initiatives for teachers and students will be powered by Magic EdTech's flagship technology solution, MagicBox™, an award-winning SaaS digital learning platform, accessed by over 6 million users globally. Easing Education Delivery and Access With close to a decade of success in publishing comprehensible novels, Digilangua seeks to broaden its scope by providing access to its learning materials via a digital platform. The company is an established leader in the publication of compelling, comprehensible novels. To date, their offerings include stories in Spanish, French, German, Italian, and English. The transition to MagicBox™ will allow the company to offer its libraries in a format compatible with multiple devices and operating systems. Digilangua will also continue to provide traditional physical textbooks for those who prefer them. "We are very excited to be leveling up our business to provide a stable, workable platform for students and teachers,Magic Box is going to allow readers to better interact with the stories in our library." Jennifer Degenhardt, co-owner at Digilangua. MagicBox's eReader will allow interactive and personalized learning in addition to online/offline capabilities for a smooth learning experience. We are excited to partner with Digilangua and help them share their digital learning content globally," said Dipesh Jain, VP of Sales & Marketing at Magic Edtech. About Magic Edtech Magic EdTech is a New York-based technology company with over 30 years of Education experience. Its flagship platform, MagicBox™, is focused on creating and conceptualizing digital learning solutions for K-12 and higher education. The platform is being used by over 6 million students worldwide. About Digilangua Digilangua is an online platform offering comprehensible novels with accompanying audio geared towards readers learning second languages. Novels are written with level-appropriate language and grammar, focusing on the repetition of both to aid in learning. An up-and-coming company, Digilangua has readership all over the world.

Read More

CORPORATE EDUCATION AND TRAINING, TALENT DEVELOPMENT

Prescient Launches Its Learning and Development Platform

Prescient | September 16, 2022

Prescient, a biopharma product and portfolio strategy firm, has announced the launch of its learning and development platform – Prescient Academy.Developing its staff is a strategic priority for Prescient, and its vision is to empower people to fulfill their potential and enable them to succeed. To this end, the firm has heavily invested in a world-class learning and development platform to elevate the capabilities of its people and become a more dynamic partner to its pharmaceutical clients.The Prescient Academy will deliver a blend of learning experiences, ranging from in-person workshops delivered across the firm's global offices to virtual or hybrid events and, crucially, a new digital platform with on-demand resources to support learning anytime, anywhere. The platform will enable Prescient team members to access on-demand digital learning from both in-house experts and external faculty; specialist content to expand their capabilities and expertise; a calendar of learning and development events so they can better plan their learning journey; and a dedicated space for social learning, where individuals can pose questions, start debates or upload content, so everyone at Prescient can continually learn from each other. "It is so exciting to be leading the Learning & Development team as we embed a culture of continuous learning,Developing people is regarded as one of the strategic levers to help Prescient achieve its ambitious growth objectives and enable us to deliver the very best solutions to our clients. I am proud of the work my team is doing, in collaboration with business leaders and subject matter experts across the firm. The platform we are building will ensure our people have the skills to perform at their very best and accelerate the performance of new joiners." Diane Whelan, Director and Head of Learning at Prescient. About Prescient Prescient® is a pharma services firm specializing in dynamic decision support and product and portfolio strategy. We partner with our clients to turn science into value by helping them understand the potential of their molecules, shaping their strategic plans and allowing their decision making to be the biggest differentiating factor in the success of their products. When companies partner with Prescient, the molecules in their hands have a greater potential for success than the same science in the hands of their competitors. Founded in 2007, Prescient is a global firm with a footprint in 10 cities across three continents. Our team of more than 500 experts partners with 27 of the top 30 biopharmaceutical companies, the fastest-growing mid-caps and cutting-edge emerging biotechs, including some of the biggest and most innovative brands. More than 80% of our employees hold advanced life sciences degrees, and our teams deliver an impressive depth of therapeutic, clinical and commercial expertise.

Read More