Digital Education Market expands with the growing demand for flexible, personalized, and accessible learning solutions across diverse educational sectors.

Digital Education MarketScope and Overview

The digital revolution has transformed many aspects of our lives, including how we learn. TheDigital Education Markethas witnessed exponential growth, fueled by advancements in technology and changing learning preferences.

The report delves into the landscape of the Digital Education Market, analyzing its competitive dynamics, market segmentation, regional trends, key growth drivers, strengths, recession impact, and a concluding perspective.

In the evolving landscape of learning and knowledge acquisition, the Digital Education Market emerges as a transformative force reshaping how individuals access, consume, and engage with educational content, driving accessibility, inclusivity, and lifelong learning opportunities. With the proliferation of digital technologies and the increasing demand for flexible and personalized learning experiences, educational institutions, corporations, and edtech startups leverage digital education solutions to deliver interactive, engaging, and scalable learning experiences to learners of all ages and backgrounds.

The Digital Education Market offers a diverse array of solutions, including online courses, virtual classrooms, learning management systems (LMS), and educational apps, empowering learners to access educational resources anytime, anywhere, and on any device. By providing multimedia content, adaptive learning algorithms, and social collaboration features, digital education solutions enable personalized learning pathways, interactive assessments, and real-time feedback, fostering learner engagement, retention, and academic success.

As educational stakeholders prioritize innovation and digital literacy as strategic imperatives, the Digital Education Market becomes the strategic imperative for building resilient, inclusive, and future-ready educational ecosystems that empower individuals to thrive in a knowledge-driven society.

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Competitive Analysis

Major players such as Coursera, edX, Pluralsight, Brain4ce Education Solutions, Udacity, Udemy, Miriadax, Jigsaw Academy, Iversity, Intellipaat, and others are leading the charge in the Digital Education Market. Each player brings unique strengths, content offerings, and delivery methods to cater to diverse learning needs across various domains.

Market SegmentationAnalysis

On The Basis of Course Type:

On The Basis of Learning Type:

On The Basis of End-User:

Regional Outlook

The Digital Education Market exhibits global reach and adoption, with North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa emerging as key regions driving market growth. North America is among the leaders inthe market, buoyed by a robust technology infrastructure, high internet penetration rates, and strong demand for lifelong learning and professional development.

Europe follows suit, supported by favorable government policies, multilingual content offerings, and a growing emphasis on digital skills development. Asia Pacific presents significant growth opportunities, fueled by rising smartphone adoption, expanding e-learning markets, and government initiatives to promote digital literacy and education.

Latin America and the Middle East & Africa also showcase potential for market expansion, driven by increasing investments in education technology, online learning platforms, and public-private partnerships to address educational inequalities and workforce development challenges.

Key Growth Drivers of the Market

Strengths of the Market

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Impact of the Recession

Economic downturns and budget constraints may temporarily affect discretionary spending on education and training, leading to short-term challenges for digital education providers. However, the recession also underscores the importance of education, skills development, and lifelong learning as drivers of economic resilience, innovation, and workforce productivity.

Organizations and individuals prioritize investments in digital education solutions to adapt to remote work environments, enhance employability, and seize new opportunities in emerging industries and technologies.

Key Objectives of the Market Research Report

Conclusion

In conclusion, the Digital Education Market represents a transformative force in the global education landscape, offering unparalleled opportunities for lifelong learning, skills development, and knowledge dissemination. As digital technologies continue to reshape traditional education paradigms, digital education platforms play a pivotal role in democratizing access to education, fostering innovation, and empowering individuals and organizations to thrive in the digital age.

By embracing innovation, collaboration, and inclusivity, stakeholders in the Digital Education Market can unlock the full potential of digital learning to create a more equitable, accessible, and sustainable future for education worldwide.

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Table of Contents- Major Key Points

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Digital Education Market Flourishes with Rising Demand for Online Learning Platforms, Personalized Learning... - WhaTech

Computer engineering is evolving at a breakneck pace, with artificial intelligence (AI) and machine learning (ML) driving some of the most significant innovations. From healthcare and finance to transportation and entertainment, these technologies transform how we live, work, and interact. Understanding emerging trends in computer engineering and their impact on various sectors can help professionals stay ahead in this competitive field. In this article, we'll explore how AI and ML are shaping the future of computer engineering, highlighting key trends and their implications.

Edge computing is emerging as a game-changer in computer engineering. It processes data closer to its source rather than relying solely on centralized cloud servers. This approach reduces latency and improves data security. AI at the edge enhances efficiency, enabling real-time analytics in applications like autonomous vehicles, smart cities, and industrial automation.

By integrating AI and ML algorithms into edge devices, engineers can create intelligent systems that adapt and respond to their environments. This trend will continue as more industries recognize the benefits of decentralized computing, making it a pivotal area for innovation.

As AI and ML redefine computer engineering, professionals need advanced education to stay relevant. An online MS in electrical and computer engineering offers a flexible way to gain specialized skills in these areas. This program blends theoretical knowledge with practical applications, covering topics like deep learning, neural networks, and robotics.

Graduates equipped with this expertise can tackle complex engineering challenges and develop cutting-edge AI solutions. Additionally, online programs offer the flexibility needed for working professionals to upskill while continuing their careers. Investing in advanced education ensures engineers remain competitive in this rapidly changing field.

Deep learning, a subset of machine learning, uses artificial neural networks to analyze and predict complex patterns in data. Recent advancements in deep learning have unlocked unprecedented capabilities in image recognition, natural language processing, and predictive analytics.

Computer engineers leverage these advancements to build intelligent systems that outperform traditional models in accuracy and speed. For example, convolutional neural networks (CNNs) have revolutionized computer vision, enabling applications like facial recognition and autonomous navigation. Similarly, recurrent neural networks (RNNs) excel in speech recognition and language translation. Deep learning's potential remains vast, promising continued innovation in AI-driven analytics.

As AI becomes more integrated into daily life, ethical considerations around bias and transparency grow increasingly important. Biased algorithms can lead to discriminatory outcomes in hiring, lending, and law enforcement. Addressing these challenges requires computer engineers to prioritize ethical design principles.

Efforts to mitigate bias include diversifying training data, developing explainable AI models, and implementing fairness metrics. Engineers also need to ensure transparency in AI systems, making decision-making processes understandable to users. Incorporating ethics into the AI development process builds trust and ensures technology benefits all segments of society.

AutoML, or automated machine learning, is simplifying the complex process of developing ML models. It automates tasks like data preprocessing, feature selection, and hyperparameter tuning, allowing users with little programming knowledge to build effective models.

This trend democratizes ML by enabling professionals in non-technical roles to harness its power. AutoML tools can help organizations accelerate ML adoption, making data-driven decision-making more accessible across various departments. However, computer engineers still play a crucial role in designing and refining these tools to ensure they produce accurate and reliable models.

Cybersecurity is an ever-evolving challenge, with new threats emerging daily. AI and ML provide innovative solutions for detecting and mitigating these risks. ML algorithms analyze vast amounts of network data to identify patterns and anomalies that may indicate cyberattacks.

For instance, anomaly detection models can flag unusual login attempts or data transfers, while AI-driven threat intelligence platforms predict future attack vectors. Additionally, AI enhances incident response by automating threat containment and recovery processes. As cyber threats grow in sophistication, integrating AI into cybersecurity strategies becomes essential.

Federated learning is a novel approach that enables AI models to learn from decentralized data without transferring it to a central server. This method enhances data privacy and security by keeping sensitive information on local devices.

In healthcare, for example, federated learning allows hospitals to collaboratively train AI models on patient data without sharing it directly. This collaboration improves diagnostic accuracy while safeguarding patient privacy. Computer engineers working on federated learning face challenges like model optimization and communication efficiency, but the potential benefits make it a promising trend for AI development.

Explainable AI (XAI) aims to make complex AI models more interpretable, allowing users to understand and trust their decisions. As AI systems become more sophisticated, they often act as black boxes, providing accurate predictions without clear reasoning.

XAI techniques like feature importance analysis and visualization help demystify these models, revealing how inputs influence predictions. For instance, in healthcare, XAI can explain why an AI model diagnosed a particular condition, enabling doctors to validate and refine treatment plans. Building transparent AI systems strengthens user trust and facilitates adoption across sensitive applications.

AI and machine learning continue to reshape computer engineering, driving innovation across various industries. From edge computing to AutoML, these trends unlock new possibilities while presenting unique challenges. Computer engineers equipped with advanced skills, ethical principles, and a collaborative mindset can navigate this evolving landscape successfully. By understanding and embracing these emerging trends, professionals can contribute to building a future where AI empowers businesses, improves lives, and drives sustainable growth.

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Emerging Trends in Computer Engineering: How AI and Machine Learning Are Shaping the Future - Digital Information World

The rise of online education in India has been meteoric, with the market poised to reach $10.2 billion by 2025, according to the HolonIQ report. This surge is driven by the growing recognition of online degrees as flexible educational options that allow for professional skill-building alongside higher education.

As working professionals seek to upskill themselves, the overwhelming array of choices combined with limited time makes it challenging to select the right course and right education partner.

Enter College Vidya, the 'Amazon' of online education. With the ability to compare over 30 critical factorsincluding authentic reviews, fee structures, faculty, and placement partnersacross 500+ accredited courses and 100+ online universities/edtech platforms, College Vidya offers transparency, extensive choice, and detailed insights, empowering users in their decision-making process.

In 2019, Rohit Gupta founded College Vidya, driven by a vision to transform the landscape of online education. From his modest start as a canopy boy to receiving the top online education advisory platform from Outlook and leading a company with revenues exceeding Rs 30 crore, Gupta's journey is nothing short of inspirational.

During an interview when asked, "Where do you see yourself in the next five years?" Gupta was prompted to reflect on the broader issue of career guidance, realising that such pivotal conversations often occur too late in ones educational journey. Recognising that over 80% of students in India struggle to choose the right career patha challenge he himself had facedhe founded College Vidya. The platform aims to provide clarity and trust from the start, empowering students and working professionals to make informed decisions with facts at their fingertips and support from expert career counsellors.

Today, College Vidya not only reflects Guptas transformative vision but also combats misinformation and profiteering in the online education sector. With over 500 experienced counsellors, the platform assists in choosing the best online university for career aspirations, ensuring that educational decisions are both informed and impactful, recognising the lasting impact these choices have on ones future.

The process starts when users visit the official website and engage with the "Suggest Me in 2 Mins" feature. This AI-powered tool personalises the search based on detailed inputs about the users educational and professional preferences, including course preference, budget, and time commitments.

From here, users can compare potential online universities using a detailed list that filters over 30 different parameters, including course fees, student reviews, and placement statistics. The platforms blog offers deeper insights into courses and institutions, enhancing the decision-making process. Additionally, once enrolled, users receive admission assistance along with post-admission services such as dedicated mentorship throughout the degree completion, an active online community, and career support.

The platform caters specifically to a diverse range of demographics, from working professionals looking to upskill without pausing their careers to traditional students in undergraduate and postgraduate programs who benefit from the flexibility of online learning. It also supports those pursuing dual degreesone of which is onlineas well as non-traditional learners such as government job aspirants and individuals with physical disabilities, ensuring diverse educational needs are met.

For these users, College Vidya is not just a tool for finding the right academic programme but also a gateway to necessary resources and community support through the CV Community. This unique feature fosters networking, access to internships, job opportunities, and even industry webinars, effectively supporting users from admission to placement.

College Vidya stands out in the online education space with its exclusive focus on digital learning, distinguishing itself from other platforms that mix online and offline educational resources. True to its tagline ChunoApnaSahi (choose whats right for you), it features over 100 UGC-DEB, NAAC, AICTE and NIRF online universities and edtech platforms, allowing students to compare and select the best options for their needs meticulously.

The platform's academic counselling is unbiased and student-centric, supported by seasoned counsellors who leverage advanced technologies and AI-powered tools to personalise the user experience. These technologies ensure that each student receives recommendations tailored to their specific educational goals.

What makes College Vidya particularly unique is its commitment to providing all services free of charge. Users do not incur any fees for platform use or through it to universities. This enhances accessibility and underscores the platform's dedication to education over profit.

By 2030, its estimated that Indias higher education will emerge as the single largest provider of global talent with one in four graduates in the world being a product of the Indian higher education system. In tandem with this, Gupta articulates a strong vision for the future of education in India, emphasizing the transformative power of online learning. "We firmly believe that online education will overtake traditional modes as it integrates practical work experience with theoretical knowledge, which students can pursue over weekends or according to their convenience, he says.

He adds that by 2025 they aim to empower 500,000 students, supporting them through pre-admission and post-admission stages with the CV Community and College Vidya LinkedIn page. The vision is to ensure every student from across the country has the tools they need to succeed in their educational and professional endeavours.

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Here's how College Vidya is building the Amazon of online education - YourStory

Access to top-notch tutoring can make a significant difference for students seeking to excel in their science studies. Despite the rise of online education, many parents and students are concerned about the effectiveness of virtual tutoring compared to traditional in-person sessions. This comprehensive article addresses these concerns by highlighting the innovative techniques employed by the best online science tutors to deliver a highly engaging and personalized learning experience.

Virtual labs and simulations have become game-changers in online science education. They enable studentsto engage in hands-on experimentation without the need for physicallab equipment. These interactive platforms offer a safe and cost-effective alternative to traditional lab settings, allowing students to conduct experiments, manipulate variables, and observe real-time results in a controlled virtual environment.

Oneof the keyadvantagesof virtual labsis their ability tosimulate scenarios that may be impractical or even dangerous in real-life settings.For instance, students can explore chemical reactions involving hazardous substances, observe astronomical phenomena, or study the behavior of subatomic particles, all within a secure digital space.

Moreover, virtual labs often include features that enhance the learning experience, such as step-by-step guidance, interactive tutorials, and real-time data visualization tools. These features support students in understanding complex processes and foster critical thinking and problem-solving skills as they navigate through simulated scenarios.

Every student learns at a different pace and has unique strengths and weaknesses. Toponline science tutorsrecognize this diversity and use adaptive learning techniques to personalize the learning experience. By leveraging data-driven algorithms and assessment tools, these tutors can identify knowledge gaps, learning styles, and areas of struggle for each student.

Based onthese insights, tutors canadapt their teaching methods, pace, and content delivery to align with the students needs.They may introduce alternative explanations, provide additional examples, or employ different pedagogical approaches to ensure concepts are thoroughly understood. Adaptive learning techniques enable a more efficient and effective learning journey, catering to individual requirements and maximizing student engagement.

Science can sometimesbeperceivedasdry or intimidating, especially for students who struggle to connect with abstract concepts.To combat this challenge, top online science tutors have embraced gamification and interactive activities to make learning more enjoyable and engaging.

Through educational games, quizzes, and interactive simulations, tutors can present complex topics in a fun and interactive manner. Students can participate in virtual experiments, solve puzzles, or compete in science-themed games, all while reinforcing key concepts. Gamification taps into students natural inclination for play and competition, fostering motivation, retention, and a deeper appreciation for science.

Collaborative learning platforms have revolutionized the way students interact and learn from one another in an online setting. Top online science tutors leverage these platforms to create virtual classrooms where students can engagein group discussions, share insights, and collaborate on projects.

One key benefit of collaborative learning is exposure to diverse perspectives and approaches. Through peer-to-peer interaction, students can learn from each others strengths, challenge their assumptions, and develop a deeper understanding of scientific concepts.

Collaborative platforms often includefeatures such asshared whiteboards, real-time document editing, video conferencing, and chat functionalities, enabling seamless communication and collaboration among students and tutors. Tutors act as facilitators, guiding the discussions, providing feedback, and ensuringthat thecollaborative process remains productive and engaging.

Through collaborative learning, studentsnot onlyenhance their subject knowledgebut alsodevelopessential soft skillssuch as teamwork, communication, and problem-solving, which are invaluable in both academic and professional settings.

Science often involves abstract and complex concepts thatcan be challenging to grasp through text orverbal explanations alone. Top online science tutors understand the power of multimedia resources and visual aids in making these concepts more accessible and engaging.

They use high-quality videos, animations, interactive diagrams, and 3D modelsto visually represent scientific processes, structures, and phenomena.These multimedia resourcesnot onlycapture students attentionbut alsocater to different learning styles,making complex topics more tangible andeasierto comprehend.

The flipped learning approach is a powerful technique that top online science tutors employ to maximize the effectiveness of their sessions. Instead of delivering lectures during tutoring sessions, tutors provide students with multimedia resources, readings, and pre-recorded videos to explore concepts independently before the session.

During the tutoring session, students arrive prepared with questions, areas of confusion, and a basic understanding of the topic. The tutor can then address specific challenges, facilitate discussions, and guide students through higher-level applications and problem-solving scenarios.This approach empowers students to take ownership of their learning,fostering self-directed study habits and promoting active engagement during tutoring sessions.

Top online science tutors understand the importance of continuous feedback and assessment in optimizingthelearningprocess.They use various assessment tools, including quizzes, assignments, and interactive exercises, toregularlyevaluate students progress and identify areas needing further reinforcement.

Based on these assessments, tutors can provide targeted feedback, adjust their teaching strategies, and tailor their approach to address specific gaps or misconceptions. This continuous cycle ofassessmentand feedback ensures that students stay on track, receive timely guidance, and progressat an optimal pacethroughout their learning journey.

Top online science tutors are embracing new technologies and teaching methods. They are changing how students learn and engage with science. They include virtual labs and simulations. They also have collaborative learning platforms and multimedia resources. These techniques make learning more engaging and accessible.

They also cater to diverse learning styles andindividual needs. These skilled tutors can guide students. With them, students can start a personalized and enriching learning journey. It will foster a deep understanding and appreciation for the wonders of science.

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7 Innovative Techniques Used by Top Online Science Tutors - Intelligent Living

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'Propaganda is not education': Hillary Clinton on combating misinformation in schools and online - MSNBC

Theres an exciting new tide in healthcare education making waves in New Jersey and its the opportunity for nurses to advance their careers with greater flexibility. Picture this: after a long shift, instead of commuting to a campus, youre unwinding on your porch with a laptop, participating in a vibrant online course discussion. The excitingDNP program available online in New Jerseyoffers this modern-day convenience. Through innovative online platforms, nurses in the Garden State can now aspire to reach doctoral levels in their profession without the need to step away from their duties or their lives in the beautiful beach towns.

In a state where the demand for highly educated nurses is on the rise, online education is a blessing. Its the bridge connecting the desire for advancement with the practicality of everyday life. Nurses can further their education by engaging with peers and instructors across digital landscapes while still being present for lifes important moments. This flexibility empowers those who might not otherwise have the chance to grow professionally due to constraints of distance, time, or personal responsibilities.

New Jerseys healthcare professionals are no strangers to multitasking. Merging patient care with continued education, theyve become adept at juggling multiple responsibilities. The leap to a Doctor of Nursing Practice (DNP) can seem like a herculean task, but with the seamless integration of online courses, its more achievable than ever. The courses are designed with working nurses in mind, ensuring that they can learn, study and even attend virtual discussions around their ever-changing shifts.

Advanced practice nurses are essential in driving healthcare forward. With the addition of online DNP programs, New Jersey is poised to bolster its healthcare workforce with leaders well-equipped to handle the complexities of modern medicine. DNPs bring a significant advantage to the states healthcare ecosystem, enriching the quality of patient care and playing pivotal roles in administration, policy-making and education. These online programs arent just producing graduates; theyre shaping healthcare innovators.

The true value of a DNP extends well beyond the individual. Its about the broader impact on community health systems and patient care excellence. Nurses armed with a DNP are not only well-prepared clinically; they also bring a depth of understanding in evidence-based practices, quality improvement and systems leadership. This domino effect of knowledge enhances patient outcomes and fortifies healthcare facilities with the expertise necessary to navigate the ever-evolving medical landscape.

Selecting an online DNP program is the first decisive step toward career enrichment. Candidates should seek out institutions that boast accreditation and a curriculum aligned with the latest industry standards. An accredited program guarantees that the education received meets stringent quality criteria, ensuring that the degree will be recognized and respected in the healthcare community. Moreover, examining the support structures provided, such as access to faculty, technological resources and peer support is key to a successful online learning experience.

Attaining a DNP is a demanding journey, yet its made more approachable through programs that understand the need for balance. Online nursing programs cater to the rhythm of personal and professional lives, allowing for a customizable educational experience. Whether its early mornings before the family awakes, or late-night study sessions, these courses adapt to individual schedules, proving that the path to a doctorate can indeed align with ones unique lifestyle.

Innovation in online education has revolutionized how nurses pursue higher degrees. With digital platforms offeringsimulations, interactive case studies and a wealth of online resources, the learning experience is richer and more accessible. These tools not only instill competence but also foster a sense of community and collaboration despite the physical distance, making the pursuit of a DNP as engaging as it is influential.

With benefits ranging from lifestyle flexibility to academic excellence, online DNP programs are redefining the scope of nursing education in New Jersey. Beachside or bedside, the blend of technology, expert instruction and peer resources offer an unparalleled opportunity to grow in this noble field. For the healthcare heroes ready to enhance their skills and lead with distinction, the waves of change are inviting them to dive right in.

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A New Wave in Healthcare Education: Exploring the Online DNP Program in the Garden State - OCNJ Daily

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The landscape of nursing education is undergoing a significant transformation, driven by advancements in technology and innovation. Central to this evolution is the role of online learning, which has become an integral component of Nursing Pathways programs. This paradigm shift not only makes nursing education more accessible but also aligns it with the digital realities of modern healthcare.

Online education in nursing is a response to several key factors: the growing need for healthcare professionals, the advancement of digital technologies, and the desire for flexible learning options. This mode of education allows for a more diverse student body, including working professionals and those in remote areas who might not have access to traditional campus-based programs.

One of the primary advantages of online learning is its flexibility. Students can balance their studies with personal and professional responsibilities, which is particularly beneficial for those already working in healthcare. This flexibility extends to pacing as well; many online programs offer accelerated paths or allow students to take a slower, more manageable course load depending on their individual circumstances.

Despite the shift in delivery mode, online nursing programs maintain rigorous educational standards. Accredited programs ensure that the curriculum is comprehensive and that graduates are well-prepared for the challenges of the nursing profession. For example, programs like the University of Texas Arlington Pathways offer well-structured online courses that adhere to high academic standards, ensuring that students receive a quality education that equips them with the necessary skills and knowledge.

Online nursing education is not just about transferring traditional content to a digital format. It involves integrating technology into the learning process, mirroring the technological advancements in healthcare. Simulation software, virtual reality, and interactive modules are used to provide practical, hands-on experience in a virtual environment. This exposure is crucial in preparing students for the tech-centric nature of modern healthcare settings.

Online learning platforms also offer opportunities for continuous professional development and specialization. Nurses can pursue advanced degrees, certifications, or specialized training online, keeping pace with the evolving demands of healthcare and expanding their professional horizons.

The integration of technology in education reflects the realities of todays healthcare environment, which is increasingly reliant on digital systems for patient care, data management, and communication. By engaging with online learning, nursing students become adept at using digital tools, an essential skill in modern healthcare settings.

The role of online learning in Nursing Pathways programs represents a significant shift in nursing education. It addresses the need for flexible, accessible, and technologically advanced training. This approach not only broadens the reach of nursing education but also ensures that nurses are prepared for the technological and innovative demands of the healthcare sector. As the field of nursing continues to evolve, online education will undoubtedly play a pivotal role in shaping the future of nursing practice.

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Technology and Innovation in Nursing Education: The Role of Online Learning in Nursing Pathways - Yonkers Times

JMU has exceeded in many areas of study and student life this academic year, such as its number of admissions, research efforts and athletic success, President Jonathan Alger said in his presentation to the Board of Visitors (BoV) on Friday.

The BoV at JMU is composed of eight different committees, each of which focus on different areas of student life and university success, that meet together multiple times a year to discuss both future plans and recent accomplishments.

Fridays meeting took place in the Festival Student and Conference Center and recounted the universitys most recent successes.

Alger said JMU received the largest cash gift to date received by the university, which totaled $6 million and was donated by a 1949 Madison College graduate. The donor was the first woman in American history to command a brigade-sized male unit in the U.S. armed forces, Alger added.

Were very excited to celebrate her legacy, he said.

When discussing admissions, Alger said the total number of freshmen applications for fall 2024 was over 40,000, a 67.5% increase from the number of freshmen applicants in 2021. Alger added that this increase counters national trends, particularly for public universities, and that many colleges and universities nationwide struggle to increase enrollment.

JMU was also recognized as a national research university, which helps in attracting exciting numbers of out-of-state applicants, Alger said. JMUs diverse population is home to many first-generation students and minority groups, he said, that have been historically underrepresented. In fall 2022, 74.3% of JMU's student body identified as white, down over 4% since 2013 but 14.5% higher than the states population, as The Breeze reported in August.

Alger also said there seems to be an increase in the number of international applications received this year, which suggests theyre recovering from COVID. Transfer applications are continuing to be submitted, Alger said, with the number of applicants already over 800.

Alger also highlighted a new civic leadership minor launching this fall, in which students focus on studies implementing practices of foundational leadership, civic sciences and technology, alongside involvement in community civic leadership.

These will be great opportunities for our students, and it will certainly reflect the strategic plan of JMU in terms of high impact learning, because every student you see is going to complete an internship, some sort of research or a portfolio project related to team civic leadership, so really excited to launch this minor, Alger said.

Alger also recognized the success surrounding athletics throughout the university,

JMU was the only Division I school in the nation to qualify for NCAA mens and womens soccer tournaments, and it reached its first-ever bowl game. ESPN also selected JMU as the location of their 30th anniversary College GameDay with a record-breaking crowd of 26,000 fans.

This is the third time we have hosted ESPN GameDay; we are the only non-Power 5 school to have ever done this, Alger said.

Alger praised JMU womens lacrosse for its win over Virginia Tech on Wednesday, which bumped the Dukes up to No. 3 in the country and said the team has potential for a really special season.

During his presentation, Alger made note of a development for the JMU Doctor of Education (EdD) degree, which has recently been approved by the State Council of Higher Education for Virginia (SCHEV).

These are not easy programs to get approved its a long process, Alger said, adding that the only thing theyre waiting on before implementing this program is an external review.

Alger also said the Virginia State Board of Education approved the JMU Lab School for Innovation and Career Exploration on Jan. 25, which will offer new opportunities to high school students enrolled in Rockingham County Public Schools (RCPS).

Its a partnership with us, [RCPS] and also Blue Ridge Community College, he said. It will have that emphasis on career pathways and experiential learning. In 11th and 12th grade, students will have the option to take classes for either college credit or dual enrollment.

JMU will receive 12.3 million dollars to fund the program, Alger said.

Alger said online programs offered at JMU have been nationally recognized.

Its interesting to note here, in [the] U.S. News [and World Report], several of our online programs are now ranked in the top 100 nationally, starting with our MBA program at No. 18, Alger said in regards to the recent rankings for online programs.

JMU is also ranked 34th nationally for its MBA program for veterans, 41st for Masters in Computer Information Technology and 97th for the Masters in Nursing program.

JMU periodically conducts economic impact assessments, which were challenged by the COVID-19 pandemic but ultimately proved to be powerful, Alger said.

Despite COVID-19, Alger said the fiscal year 2022 data showed JMU invested $363 million in the Harrisonburg area, $488 million overall in the Commonwealth and generated $22.7 million in local tax revenue.

Alger added that JMUs $592 million in the Harrisonburg area and $763 million invested in the Commonwealth created jobs throughout the community and for every member of the Universitys faculty and staff.

We are the largest economic engine here in this part of the Shenandoah Valley but also across the Commonwealth, Alger said. So again, hats off to everybody who's working in economic development."

The BoV will meet next on April 18 in the Festival Student and Conference Center.

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BoV roundup: new education program, JMU rankings and economic impacts - The Breeze

Chip Paucek, co-founder and former CEO of 2U, appears at the company's headquarters in Lanham, Maryland on Nov. 17, 2021. The company's chief financial officer, Paul Lalljie, replaced Paucek as CEO in November 2023.

Marvin Joseph | The Washington Post | Getty Images

Now, the company is hanging on for dear life.

2U's stock price has been trading below $1 for much of 2024 following a problematic forecast in November and indications that some universities were terminating their contracts. This week, 2U issued weak guidance for the year and warned investors of "substantial doubt about its ability to continue as agoing concern" without additional capital or reduced debt.

2U shares plummeted 59% after the announcement. They fell an additional 10% on Wednesday to close at 34 cents, valuing 2U at $27.5 million.

Analysts at Needham lowered their rating to hold from buy after this week's report, and said the outlook made them more skeptical about 2U's ability to refinance its debt, which stood at more than $900 million at the end of 2023. Cash and equivalents dwindled to $73.4 million from $182.6 million at the end of 2022.

In a statement to CNBC, a 2U spokesperson said the company won't "speculate on potential outcomes."

"2U expects to continue toengage constructively with our lenders and other financial stakeholders as we continue to evaluate options to strengthen our balance sheet and adapt our business to the present landscape," the spokesperson said. "We have sufficient time and liquidity, and we believe we will reach a resolution that will benefit our stakeholders."

The company started in 2008, initially under the name 2Tor, and built a business around the idea of helping universities pick up more students by holding classes online. For years, an outsized amount of 2U's business came from a few colleges.

In 2017, 2U generated more than half its revenue from the University of Southern California (which ran the company's oldest program), Simmons College in Boston and the University of North Carolina. 2U was eventually able to diversify and by 2021 no university client accounted for more than 10% of revenue.

The biggest problem, however, was that 2U's model never proved profitable. 2U has lost money every year as a public company, with its total deficit over the past three years surpassing $830 million. A big chunk of 2U's revenue has gone to pay for sales and marketing, and the company had "to expend substantial financial and other resources on technology and production efforts to support a growing number of offerings," as stated in its 2021 annual report.

Rather than preserve capital, 2U went big on M&A.

In 2019 it paid more than $600 million to buy Trilogy Education, giving 2U more university partners. Then, in 2021, the company announced plans to buy online learning platform edX for about $800 million in cash. That acquisition would give 2U more than 230 education partners, including 19 of the top 20 universities across the globe, the companies said in a joint release when the deal closed.

The plan didn't work. 2U took on debt for the edX acquisition, resulting in "interest payments that exceeded the revenue edX would generate," analysts at Cantor Fitzgerald wrote in a report late last year.

By early 2022, sales growth had slipped into the mid single digits, and by the middle of that year, they were on the decline. Year-over-year revenue dropped for five straight quarters. Multiple rounds of layoffs ensued.

The third quarter of 2023 brought with it a catastrophic development.

2U told investors in its earnings report in November that USC, its flagship customer, was paying $40 million to the company to end their relationship. 2U cut its forecast for the full year. The stock plummeted 57% in one day.

"We thank USC for the role they've had in helping us build our company," then-CEO Chip Paucek said on the earnings call. However, he added that "with the results from the standpoint of new pipeline, the health of the existing portfolio is very strong."

Days later, Paucek stepped down. He was succeeded by then-CFO Paul Lalljie.

Paucek, who didn't respond to a request for comment, is now co-CEO of Pro Athlete Community, a company he helped start in 2022 to help educate professional athletes in business. His former company is now in crisis mode, with its share price in the tank.

Any stocks trading below $1 for 30 consecutive days can lead to a delisting from the Nasdaq. While 2U could potentially institute a reverse split to bolster its share price, that would amount to a temporary fix for a much bigger problem. Cantor Fitzgerald, KeyBanc and Piper Sandler have all discontinued coverage of the stock in recent months, signaling their lack of confidence in the company's future.

Gautam Tambay, co-founder and CEO of online learning startup Springboard, told CNBC that it's sad to see a pioneer in the space struggle.

"There's a big part of me that would like to see them work through these challenges and get to the other side and be able to serve the mission that they started the company to serve, which is ultimately serve their students," Tambay said.

Far removed from its growth days, 2U is just trying to survive.

On this week's earnings call, Lalljie said the company is "embarking on a 12-quarter journey" to reset, which involves cutting expenses and working with lenders on its debt payments.

"We need to shrink to grow," Lalljie said, "so that we can support the balance sheet that we have, so that we can be in a position to negotiate and extend the maturities the upcoming maturities that we have and to ensure that we have a financially resilient company going forward."

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Here's how ed-tech company 2U spiraled from $5 billion to 'going concern' - CNBC

As we delve into the ever-evolving landscape of online education, a beacon of success shines through the results of the Ruffalo Noel Levitz Priorities Survey for Online Learners (PSOL). The University of Phoenix has emerged as a pioneer, setting a new standard in online student satisfaction. With an impressive leap, the university's online students have reported satisfaction levels that not only surpass the previous year's scores but also outshine the national benchmark by up to 12 percentage points.

The recent survey unveils a compelling narrative of achievement, with 83% of respondents expressing a robust satisfaction with their online college experience, marking a 2% increase from 2021. This figure stands a significant 10% higher than the satisfaction levels observed across more than 150 public and private U.S. institutions. Such remarkable outcomes underscore the University of Phoenix's dedication to nurturing a sense of belonging among its students, which research has consistently linked to enhanced learning outcomes and retention.

Provost John Woods sees these findings as a testament to the university's unwavering commitment to supporting its primarily working adult learners. By offering a skills-aligned curriculum and robust student support initiatives, the institution has successfully enhanced the academic journey of many, paving the way for not just academic success but also improved mental health and higher engagement levels among its students.

In the realm of online education, certain elements are crucial for fostering student satisfaction and success. The survey identified high levels of satisfaction with program alignment with career paths, technical assistance, course format, and classroom technology. These factors are often pivotal for students who juggle their studies with work and other responsibilities, seeking flexible yet comprehensive learning experiences that align with their career aspirations.

However, the journey doesn't end here. Despite already surpassing national benchmarks, the University of Phoenix recognizes the importance of continual improvement. The survey also pinpointed areas for further enhancement, ensuring that the university remains at the forefront of online education innovation.

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University of Phoenix Surpasses National Benchmarks in Online Student Satisfaction - BNN Breaking