U.S. Education Market Approaches $2 Trillion by 2025

communalnews | February 16, 2020

Education is referred to as the method or mode of learning through particular habits, knowledge, values, skills, and beliefs. The market growth in the U.S. is credited to the massive demand for digital learning tools like e-learning or online learning in the country. The segmental growth over the forecast timeline is owing to the large-scale requirement of good education in the U.S. coupled with high focus on enhancing the quality of education in the country. Education is referred to as the method or mode of learning through particular habits, knowledge, values, skills, and beliefs. It is the key tool for growth and robust equipment for minimizing poverty, enhancing health, maintaining peace, acquiring knowledge, and maintaining gender parity.

Spotlight

Join us for our monthly live jam sessions with the Lectora Product Team. You’ll get a chance to interact with members of the ELB Learning Lectora product team who work behind the scenes to continuously enhance Lectora for your eLearning development success.

Spotlight

Join us for our monthly live jam sessions with the Lectora Product Team. You’ll get a chance to interact with members of the ELB Learning Lectora product team who work behind the scenes to continuously enhance Lectora for your eLearning development success.

Related News

EDUCATION TECHNOLOGY

MIT xPRO Announced Launching Programs with Simplilearn

Simplilearn | December 28, 2022

On December 27, 2022, MIT xPRO announced the addition of two new upskilling programs: Machine Learning for Business, Engineering, and Science and Executive Leadership Principles. These programs, delivered through Simplilearn's digital skills training platform, leverage MIT xPRO's thought leadership in management and engineering, developed over years of research, practice, and teaching, along with Simplilearn's dynamic, interactive digital learning platform. The Executive Leadership Principles curriculum is designed to assist learners in grasping various organizational and leadership characteristics. Focus areas of the program include organizational strategies and capabilities, conflict resolution, navigating culture and networks, applying influence, problem solving, as well as identifying and executing leadership strengths. Through this program, participants can earn an executive completion certificate and 5 Continuing Education Units (CEUs) from MIT xPRO. The program, Machine Learning for Business, Engineering, and Science, is intended to debunk myths about machine learning by utilizing computational engineering concepts and applications. Learners can obtain a Professional Certificate of Completion as well as 10 Continuing Education Units (CEUs). These programs provide the opportunity for participants to learn from MIT faculty while connecting with experts around the world and working on real-world projects. Using simulations, assessments, case studies, and tools, learners can build the ability to apply their knowledge to diverse elements of work. About MIT xPRO MIT xPRO, a provider of online learning programs, uses validated content from renowned experts to make learning accessible at any time and from any location. MIT xPRO programs are application-focused, utilizing cutting-edge research in the neurobiology of learning to assist professionals in developing their skills on the job. About Simplilearn Founded in 2010, Simplilearn is a popular online bootcamp and online course learning platform based in California, U.S., and Bangalore, India. Simplilearn provides access to high-quality, work-ready training to businesses and individuals around the world. The Bootcamps are created and conducted in collaboration with prestigious educational institutions, leading organizations, and influential trade groups, featuring renowned industry professionals and highly sought-after instructors from around the world.

Read More

ONLINE EDUCATION

Thought Industries Launches New Online Academy Powered by Helium LMS Platform

Thought Industries | January 30, 2023

The enterprise learning platform Thought Industries for partner, customer and professional training recently launched its new online learning Academy powered by the world's only completely customizable headless developer LMS framework, Helium. It was established in 2022 at the company's annual customer and LMS industry event, Cognition22. For Education to develop a new Academy site, Thought Industries works with Verified Helium Partner. Helium addresses a pain point from the past making it simpler for designers and developers to collaborate with many companies looking forward to customizing and extending the capabilities of their LMS systems. In the past, designers either made mockups and were then met with constraints when developers had been putting them on the screen, or they viewed the system first and then created limited mockups to match. Both approaches are hard, expensive, and take a lot of time. The Thought Industries Academy has different products and services under one roof for learning professionals willing to get more of the potential of the company’s learning platform and programs. Customers of Thought Industries will find a wide range of self-service resources, including new content, new featured resources and FAQs are put in the front and center to simplify the learning experience. Philip Cahill, Thought Industries Senior Director of Customer Education, said, "It was crucial for us to be our own first customer in creating the new Ti Learning Academy. Helium gave us all the flexibility we needed to meet the needs of learning professionals worldwide." He added, "With Helium, we were able to build our new Academy without any limits, and as an added bonus, it gave us a great opportunity to show customers what Helium can do." (Source: Cision) About Thought Industries Founded in 2012, Thought Industries is one of the world's leading B2B external training platform providers and customer education. The company powers the learning business for companies ranging from midmarket enterprises to the Fortune 500, helping them change how they build, deploy, and scale profitable global online learning operations. The customers use the company's platform to reach, teach and engage with their learning audiences. Additionally, businesses, organizations, and associations can give their audiences engaging, fully branded learning experiences using enterprise-level delivery and monetization tools.

Read More

EDUCATION TECHNOLOGY

LISC teams up with HBCUs on talent development program for students, expanded capacity for CDFIs

Local Initiatives Support Corporation (LISC) | November 25, 2022

The Local Initiatives Support Corporation (LISC) has launched a new internship program for students at Historically Black Colleges and Universities (HBCUs) to help bridge the opportunity gap for students of color—offering community development mentorship and experience that gives young people a leg up when entering the workforce. Over the next two years, LISC's National HBCU Talent Development program is placing 40 students in part-time intern positions with local LISC offices and other community development financial institutions (CDFIs). Interns will support a range of initiatives, from marketing to finance to community engagement, while also participating in leadership and national networking events. The program is funded by the Citi Foundation and is specifically designed to address national disparities in internships, with White students significantly more likely to gain paid versus unpaid positions than Black students. The LISC internship pays $25/hour up to $15,000 for the academic year. Talent is everywhere, but opportunity is not," noted Denise Scott, LISC president, who held a virtual "fireside" chat with the initial cohort of interns last month. This program is part of our work to address systemic racial barriers that keep young people from gaining the experience and connections they need to compete for good jobs," she explained. "Through this program, students can earn a strong wage, gain hands-on experience, work with mentors and build a network of contacts and supporters all while supporting valuable community investment activity," she continued. "It's a win for all of us. At the outset, eight HBCUs are participating in the program, with young people from varied backgrounds and experiences applying to participate. Eryn Glover, for instance, is a sophomore marketing major at Johnson C. Smith University (JCSU) in Charlotte, N.C., and one of LISC's first HBCU interns. She is working with the staff at LISC Charlotte to support fundraising, social media and community outreach, helping extend LISC's engagement with the region's philanthropic leaders and supporting valuable collaborations with local partners. I've always known that I wanted to do nonprofit work and put my skills to work to help people," said Glover, a South Jersey native who has spent recent summer breaks working at community-based organizations. She chose JCSU for her education because she wanted to attend an HBCU, benefit from a smaller university, and be close to family that had moved to North Carolina. I feel like I have opportunities here, like the LISC internship, that offer the chance to really get to know professors and mentors, and to also make a difference. I want to work in marketing within the nonprofit space, so this internship really aligns with that," she said. In Washington, D.C., Howard University senior Marsi Hailu is interning with the LISC policy team. Her early projects include mapping gaps in broadband access especially in rural communities and researching the disproportionate impact of climate events on low-income communities of color.I already knew that there is a lack of intergenerational wealth in Black and Brown communities because of historical discrimination," she said of her initial research. "But I guess I didn't realize how much that intersects with geography. It's a lot easier to recover from a disaster if you aren't already living paycheck to paycheck," she added. Hailu, a finance major from Northern Virginia, hopes to pursue a graduate degree in urban development after graduation, with a concentration in affordable housing. She said the LISC internship offers the opportunity to try her hand at different aspects of community development, going well beyond what she might learn in her finance classes. In a lot of places, housing is at the root of inequality," she said, explaining her passion for the work. "As someone who grew up in the area, I see the disparities facing low-income folks. I want to do something about that," she said. In addition to Howard and JCSU, initial HBCU supporters of the program include Edward Waters University (Florida), LeMoyne-Owen College (Tennessee), Lincoln University (Pennsylvania), Morehouse College (Georgia), Simmons College (Kentucky), and Virginia State University (Virginia). Additional HBCUs will be referring students in the months to come. LISC's Scott said the universities are eager to help students identify new opportunities for advancement—particularly given that many of the schools already have existing relationships with LISC, collaborating on local efforts related housing and economic development. "Here at Johnson C. Smith University, we strive to graduate global citizens who develop a compelling sense of social and civic responsibility for leadership and service,. "LISC's internship program is an excellent way for JCSU students to put this possibility into perspective outside of the classroom. Just as we strive to develop a better world by graduating the best and brightest, LISC does the same by investing in its community to make economic equality a reality," he said. JCSU President Clarence D. Armbrister The National HBCU Talent Development program draws on the experience of LISC's nearly three decades of work with AmeriCorps, including the Economic Mobility Corps (EMC) launched in 2020. Through EMC, LISC places national service members in positions that help build the capacity of CDFIs. We have long seen the value in connecting people to community development positions in places that they know and care about," Scott said. "Our HBCU internship program takes that a step further, focusing on gaps in opportunity for students of color, injecting equity into CDFI recruitment efforts and building a community development workforce that reflects the people and places it serves. About LISC LISC is one of the country's largest community development organizations, helping forge vibrant, resilient communities across America. We work with residents and partners to close systemic gaps in health, wealth and opportunity and advance racial equity so that people and places can thrive. Since our founding in 1979, LISC has invested $26.7 billion to create more than 463,000 affordable homes and apartments, develop 78.5 million square feet of retail, community and educational space and help tens of thousands of people find employment and improve their finances.

Read More