The shifting tide: The push for financial literacy classes in schools

Study International | July 09, 2019

Preparing youths to be financially savvy before they embark upon their next great chapter in life – going to university and beyond – and potentially taking on debt in the form of student loans or credit card debt, becomes essential to ensure they enjoy good economic standing. Worldwide, YaleGlobal notes that student debt has been rising. For instance, the federal student loan debt stands at US$1.5 trillion in the US. While numerous factors are at play for this figure, such as the high cost of tuition fees and low or stagnant wages of graduates upon graduation, a solid grasp of financial literacy can help prepare students for the world they will soon be stepping into. One American study found that nearly one third of young adults “were found to be ‘financially precarious’ because they had poor financial literacy and lacked money management skills and income stability”. Conversely, “22 percent of the 18- to 24-year-olds in the study sample were deemed to be financially stable, according to lead author Gaurav Sinha, a graduate student in social work at the University of Illinois.

Spotlight

The 15 Ways to Reinvent College Infographic provides recommendations which mainly seek to reduce costs and increase spending efficiencies to offer students a more affordable solution to higher education.

Spotlight

The 15 Ways to Reinvent College Infographic provides recommendations which mainly seek to reduce costs and increase spending efficiencies to offer students a more affordable solution to higher education.

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EDUCATION TECHNOLOGY

n2y Provides Pathway for Independent Learning Through New Academic Intervention Curriculum Solution, Inspire

n2y LLC | October 04, 2022

n2y, provider of comprehensive, technology-powered solutions for students with unique learning challenges, today launches Inspire, a new academic intervention curriculum that guides struggling and at-risk students from teacher-led instruction to independent learning as they acquire the skills they need for success in school and life.The new solution equips educators with research-based instructional strategies that support the development of key academic, critical-thinking and generalization skills that will ultimately help to close learning gaps. Inspire gives teachers efficient assessments to pinpoint the skill gaps, along with lesson plans, explicit instructional resources and interactive activities to address them. Inspire is aligned with key standards in English language arts and math for kindergarten through second grade, where research shows the greatest area of need. Resources for grades K-2 are available now with grades 3-5 available in January 2023. "Inspire proves that struggling and at-risk students can make tremendous gains with the right support, It provides a pathway for students to build confidence as teachers gradually give learners more control - from explicit instruction to guided practice and independent learning." n2y Chief Innovation Officer, Alli Vice. Inspire is aligned to general education standards and can be used across the school — from special education classrooms and resource rooms to those receiving RTI intervention in general education classrooms. It improves student engagement by extending learning beyond the classroom setting and across subject areas, and serves the needs of all students, regardless of their strengths and areas for growth. It also saves teachers time by creating detailed reports showing student progress and growth for students with individualized education programs (IEP), and can help monitor progress for response to intervention (RTI). And because Inspire offers instruction, assessment and reporting capabilities, schools no longer invest time and resources on multiple solutions. Through Inspire: Students achieve meaningful outcomes through an evidence-based active learning approach that supports generalization. Teachers meet the needs of every learner with highly efficient assessments that pinpoint skill gaps, facilitate differentiated intervention and provide critical performance data. Administrators demonstrate RTI success and IEP compliance with progress monitoring tools and reports that convey student progress and growth across a school or district. Inspire was designed to reach the needs of students who are struggling and require extra, focused support to learn," Ed Holmes, CEO said. "We can't wait to empower educators with this solution so they can close the learning gaps and get students back on track. About n2y n2y is changing the lives of special education administrators and teachers, therapists and paraprofessionals, and all the students they serve. Its award-winning solutions are designed specifically to address the needs of the whole child and help unique learners meet their state's standards. Multiple integrated, evidence- and research-based solutions empower educators to teach and students to achieve. Differentiated, standards-based academic instruction, enhanced by proactive behavior management, combines with collaborative IEP development to support learning for every student.

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EDUCATION TECHNOLOGY

University of Technology Sydney Gets Better Support and Security for Oracle Database by Switching to Rimini Street

rimini street | August 24, 2022

Rimini Street, Inc. a global provider of enterprise software products and services, the leading third-party support provider for Oracle and SAP software products and a Salesforce partner, today announced that the University of Technology Sydney (UTS) has switched from Oracle to Rimini Street for improved support and security of its Oracle database and technology platforms. In doing so, the University has slashed wait times for support requests, enjoyed improved service quality and innovative, advanced security to protect its database and application middleware. Rimini Street is also helping the University manage through the ongoing IT skills shortage by reducing the amount of IT labor required for support and instead, allowing resources to focus on the rapid transition to hybrid learning. UTS is one of Australia’s leading universities, with around 45,000 students and 4,000 staff. The IT department employs around 300 staff and is responsible for the digital experiences supporting the people, processes, and culture at the university. The University faced challenges during the pandemic including a massive shift to online learning and remote work, and a growing IT skills shortage. The large decline in the number of international students enrolling in Australia has also seen IT budgets shrink. Because of these limitations, UTS needed to refocus its strategic resources more efficiently. “UTS, like all universities in Australia, has had to rapidly transition to a hybrid learning model that includes classroom and online service delivery. There are many innovations and technologies needed for the transition to hybrid learning; budgets are tightening across the board and the quality-of-service delivery expectations remain the same or higher, “Students can now log into their online classes from almost anywhere in the world which adds a new layer of complexity for the IT team. Fast, reliable, and secure systems are needed to keep up with the changing world and to remain a leading provider in the education market.” Daniel Benad,group vice president and regional general manager,Australia,New Zealand and Oceania,Rimini Street Focusing on the big issues with more time and money to spare Maintaining their Oracle database landscape was draining on the university’s IT budget and internal resources. Support tickets were often slow to be resolved by the software vendor, preventing IT staff from completing other system maintenance and responding quickly to new IT challenges. Staff were preoccupied with keeping databases operating properly in a rapidly scaling up environment and had little time to focus on university initiatives to support growth and innovation. “Skilled staff are only getting more expensive to hire and retaining these employees just to work on support and operational tasks for our enterprise software is no longer sustainable,” said Brian Kelly, Head of IT Operations at UTS. “We’ve had to really maximize the resources we have to keep our IT services growing, improving and meeting the needs of the university.” In addition, as UTS increasingly moved towards a hybrid learning model for its students, and a remote working environment for its staff, cost, capability, supportability, and flexibility were key to guaranteeing robust and reliable IT services. The rapid move into the remote workspace also opened new avenues and risks for cybersecurity attacks and breaches. As the number and location of users increased, so too did opportunities for unauthorized access. As such, the University was conscious it needed to increase the security of its Oracle software, particularly as routine patching was a costly and time-consuming endeavour for its IT team that did not necessarily provide the fastest protection model in the case of a discovered vulnerability. “UTS is relatively new to the hybrid working and learning space, and it’s important to be mindful of risks from such a rapid transformation,” said Kelly. The University began to look at ways to get improved support, better security and reduced operating costs for its Oracle Database landscape while also reducing the resource drain on its IT team. UTS turned to Rimini Street’s enterprise software support and security solutions. Lowering Costs and Response Times Each Rimini Street client benefits from the Company’s flexible, premium-level enterprise software support model, including its industry-leading Service Level Agreement of 10-minute response times for all critical Priority 1 cases. All clients are also assigned a Primary Support Engineer with an average of 20 years’ experience in enterprise software and backed by a team of functional and technical engineers. In addition, Rimini Street’s Database Management Services provide UTS with new expert skills from skilled and responsive engineers. Since partnering with Rimini Street, resolving support tickets is easier and quicker, with expert engineers available to respond to challenges at any time. “Being able to shrink how much time is spent on routine work has really allowed us to prioritise the bigger picture, and Rimini Street gives us time back in our day,” said Kelly. “The team is no longer worried about how long a patch or upgrade will take, how long it’ll take to get issues resolved, or how many hours they’ll have to dedicate to something routine. Rimini Street has taken care of that for us, and having such a quick turnaround for support has really eased up our workload. “Rimini Street gives us high-quality support for these business-as-usual activities without breaking our budget. Being able to be flexible with what senior ICT staff we hire means we’re putting a microscope on what our team actually needs, rather than allowing necessity to dictate it.” Rimini Street Protect - Proactive Security Having the time and resource availability enabled UTS to develop and deploy additional enterprise security enhancements. Further, Rimini Street’s security solutions gave UTS peace of mind that it would be secure and remain live while it implemented the additional security enhancements. “Completed security enhancements include secure identity management and access controls,” said Kelly. “Thanks to Rimini Street, we now have time and budget to spare and we are now looking at developing and deploying additional security measures utilizing a cloud-first strategy. We’re also working on automating service management and migrating to the cloud anything that improves the quality of user experience.” “UTS is yet another example of an institution that has benefited from Rimini Street’s comprehensive and effective database support and security,” said Benad. “As international borders continue to open and students choose Australia as an education destination, UTS’ improved service delivery and flexibility supporting a hybrid education model will play a huge part in improving the student learning experience.” About Rimini Street, Inc. Rimini Street, Inc. (Nasdaq: RMNI), a Russell 2000® Company, is a global provider of enterprise software products and services, the leading third-party support provider for Oracle and SAP software products and a Salesforce partner. The Company offers premium, ultra-responsive and integrated application management and support services that enable enterprise software licensees to save significant costs, free up resources for innovation and achieve better business outcomes. To date, more than 4,200 Fortune 500, Fortune Global 100, midmarket, public sector and other organizations from a broad range of industries have relied on Rimini Street as their trusted application enterprise software products and services provider.

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ONLINE EDUCATION

Innovative ReadyMe Program for Association Executives Launches on JUNO

JUNO | August 23, 2022

JUNO, an end-to-end software platform for digital community engagement, has launched ReadyMe for ASAE: The Center for Association Leadership's new self-paced, soft skills program for the next generation of association leaders. ASAE's ReadyMe is the future of learning with digital micro-credentialing, one-on-one mentoring and powerful community connection features tied to an in-person component,. "JUNO's ability to connect learners to mentors and colleagues enriches the experience from a simple online learning management system into a year-round community and sense of partnership with others. JUNO Founder and CEO Josh Hotsenpiller "Disruption equals opportunity," says Michelle Mason, President and CEO of ASAE: The Center for Association Leadership. She shared in a short interview here what drove ASAE to choose JUNO and how breaking away from dated technology tools was key. Mason shared why associations must embrace change in order to drive their mission forward. Breaking away from yesterday's outdated technology and embracing the changes we've all seen over the past three years is what fueled the creation of ReadyMe. "JUNO is advancing good in the world through human connection. Digital engagement must connect people to the contacts, content and education they need to grow," Hotsenpiller says. "We believe what got you here won't get you to the future, and we are excited to see where ASAE's leaders go with ReadyMe." JUNO's digital community engagement platform increases member value and revenue opportunities through transformational connection experiences. Networking, Learning, Events and Community software features combine in this end-to-end solution. Features such as micro-learning, certification, gamification, matchmaking, and streaming directly from the platform make it the most robust platform. JUNO's proprietary AI is a recommendation engine that creates a sticky experience, keeping users engaged and loyal. Analytics tools create actionable insights to help clients make data-driven decisions. Experience JUNO with a free account at http://www.connect.junolive.com. Be sure to visit with JUNO executives at the ASAE Annual Meeting through August 22 in Booth #2017. ABOUT JUNO JUNO is a digital community engagement platform for Networking, Community, Events, and Learning. This software-as-a-service solution is embraced by innovative clients ready to make the digital transformation necessary for future success in events, member communications, and learning. JUNO has brought together over 10,000 users across five continents and delivered almost 50 million minutes of streamed content. Organizations like the American Society of Association Executives, the Professional Convention Management Association, American College of Emergency Physicians, Network of Executive Women, American Heart Association, a Big 4 national sports organization among others, have all chosen JUNO to advance their mission.

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