- Jul 20, 2016
- 6,572
- 20,209
There is a news article on Zero Hedge about the largest education company (Pearson) having serious economic issues.
Part of the decline is attributed to the move toward more digital materials, as well as an overall decline in the adult market. It could be the result of people not having the funds to pursue additional education. However, I wonder if people are rejecting mainstream higher education? The article does not delve into this side of the story, but I think it is an interesting question. Are people ditching status quo education, too?
Despite record amount of student loans in the US, fewer older students are enrolling, community college admissions also are dropping, and more students are renting textbooks.
“The North American higher-education courseware market essentially collapsed in the critical fourth-quarter back-to-school season.”
http://www.zerohedge.com/news/2017-01-18/worlds-largest-education-company-crashes-after-dire-warning-warns-unprecedented-busi
Part of the decline is attributed to the move toward more digital materials, as well as an overall decline in the adult market. It could be the result of people not having the funds to pursue additional education. However, I wonder if people are rejecting mainstream higher education? The article does not delve into this side of the story, but I think it is an interesting question. Are people ditching status quo education, too?
Despite record amount of student loans in the US, fewer older students are enrolling, community college admissions also are dropping, and more students are renting textbooks.
“The North American higher-education courseware market essentially collapsed in the critical fourth-quarter back-to-school season.”
http://www.zerohedge.com/news/2017-01-18/worlds-largest-education-company-crashes-after-dire-warning-warns-unprecedented-busi