COVID-19 Is Accelerating the Digital Blending of Working and Learning

edsurge | June 20, 2020

In the last few months the COVID-19 pandemic has changed the world and triggered an economic plunge in the U.S. that is now officially a recession. Even before this crisis, concerns were rising about a potential loss of jobs and the rising demand for digital skills due to technologies such as automation and AI. Now that potential is even greater, since historically recessions tend to accelerate automation and the long-term loss of jobs in routine occupations. And because of social distancing, we find ourselves living in world that is even more digital–and the evidence of that shift is all around us. Knowledge work has moved online as professionals work remotely. E-commerce purchases of all types have surged. Restaurants have rapidly shifted to online and mobile ordering, and are speeding up the deployment of digital kiosks that replace human workers. Retailers such as The Gap are accelerating the adoption of robots in their warehouses.

Spotlight

The potential for new technology in the classroom is really cool – and also kind of creepy. Here are five technologies that could dramatically change the way we learn.

Spotlight

The potential for new technology in the classroom is really cool – and also kind of creepy. Here are five technologies that could dramatically change the way we learn.

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EDUCATION TECHNOLOGY

Zovio Announces Agreement to Divest OPM Business to University of Arizona Global Campus

Zovio | August 02, 2022

An education technology services company that partners with higher education institutions and employers, announced today that it has closed on an agreement to transition its online program management (OPM) business to the University of Arizona Global Campus (UAGC). Over the past six months, Zovio has taken steps to implement a process designed to unlock shareholder value by rightsizing the company, accelerating growth of subsidiaries and exploring strategic alternatives, which included the potential divestiture of all three of its businesses. In May 2022, Zovio completed the sale of TutorMe, for $55 million and used a portion of the proceeds to repay bridge financing. This left the company debt free and allowed Zovio to satisfy obligations stemming from a decision of the Superior Court of California while the company appeals the decision. Continuing to execute on its strategic alternatives process, Zovio and UAGC negotiated, signed and closed on an asset purchase agreement with an effective date of July 31, 2022, after receiving approval from their respective Boards of Directors. Under the asset purchase agreement, UAGC is acquiring Zovio's operations and assets that previously provided services to UAGC through a long-term Strategic Services Agreement. "Zovio has been at the forefront of providing innovative online learning products and services for almost two decades, We are pleased to have reached this agreement with UAGC and are excited about their future," - Zovio Chief Executive Officer, Randy Hendricks. Zovio will continue to support the continued growth and expansion of Fullstack Academy and simultaneously explore strategic alternatives for that business. About Zovio Zovio (Nasdaq: ZVO) is an education technology services company that partners with higher education institutions and employers to deliver innovative, personalized solutions to help learners and leaders achieve their aspirations. The Zovio network, including Fullstack Academy, leverages its core strengths to solve priority market needs through education technology services. Using proprietary advanced data analytics, Zovio identifies the most meaningful ways to enhance the learner experience and deliver strong outcomes for higher education institutions, employers, and learners. Zovio's purpose is to help everyone be in a class of their own. For more information, visit www.zovio.com.

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TALENT DEVELOPMENT

Nine Female STEM Students Receive Full-Ride College Scholarships from Exelon and Exelon Foundation

The Exelon Foundation | May 31, 2022

The Exelon Foundation surprised nine female STEM students and graduates of the Exelon STEM Leadership Academy with full-ride college scholarships of about $1 million. “We want to ensure these outstanding young women the opportunity and financial flexibility to study at the college of their choice. It’s not just a scholarship, but, hopefully, a path to future leadership at Exelon.” - Paula Conrad, vice president of Corporate Relations for Exelon Following are the STEM Leadership Academy Scholarship recipients of 2022: STEM Academy Baltimore and DC Allegre Oledibe, Springdale, Md. (General Engineering, Virginia Tech) Micaela Venyo, Belcamp, Md. (Mechanical Engineering, Virginia Tech) Tahreem Rana, Baltimore, Md. (Computer Science, University Maryland Baltimore County) STEM Academy Chicago Nicole Constante, Chicago, Ill. (Engineering Management, University of Illinois Chicago) XiuYi Tan, Chicago, Ill. (Computer Science, University of Illinois at Urbana-Champaign) Aditi Bhatt, Chicago, Ill. (Computer Engineering, University of Illinois at Urbana-Champaign) STEM Academy Philadelphia Aliyana Banner, Yardley, Pa. (Mechanical Engineering, Drexel University) Maitri Patel, Philadelphia, Pa. (Industrial and Operations Engineering, University of Michigan Ann Arbor) Emily Curran, Jamison, Pa. (Computer Engineering, Villanova University)

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TALENT DEVELOPMENT

V School Collaborates With Sustainable Startups and Meta to Provide Tech Training Scholarships for Utah Valley Women

V School | June 15, 2022

Sustainable Startups and Meta have teamed up with V School to offer a $1 million partial scholarship and one full-ride scholarship covering V School’s UX/UI design and web development programs online. The applications for the scholarships are open through November 1st this year. The winners of the scholarship will be announced on 8th November. "This is a truly life-altering opportunity for women in Utah Valley to break into tech and start building the lives they deserve. We are so grateful to Meta and Sustainable Startups for their commitment to closing the skills gap and for partnering with us on this cause." - MO Reeder, V School Co-founder V School’s pioneering programs are mastery-driven, while graduation is completed only once students land an impressive job instead of merely completing the coursework. According to a V School graduate, V School feels like a one-of-a-kind community where their whole goal is to get you prepared for a job and do everything in their power to make you more marketable. You Belong in Tech Scholarship Eligibility. The You Belong in Tech Scholarship of value $21,000value requires applicants to be women residing in Utah Valley to be eligible. They must apply byNovember 1, 2022. Partial Scholarship Eligibility In addition to the You Belong in Tech Scholarship, V School is offering $4,000 per student or$1Min partial scholarships to qualified applicants inthe United StatesandCanada.

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