May 18, 2012

Exclusive Invitation ForProfit EDU group members to attend The Capital Roundtable’s conference on Private Equity at a discount

ForProfitEDU would like to extend an exclusive invitation to you to attend The Capital Roundtable’s conference on Private Equity Investing in For-Profit Education Companies, being held on Thursday, January 12 in New York City.

As a partner, we have the privilege to put your name on our VIP list, allowing you to register for a special rate of $995 — $400 off the standard registration price.

This day-long conference is being chaired by Chris Hoehn-Saric, Senior Managing Director at Sterling Partners, and features 20 experts.

For registration or inquiries, just call Anna Fagan at 212-832-7300 ext. 0, or email her at afagan@capitalroundtable.com. Please be sure to mention our name”ForProfitEDU.com”.

For more details, click link below:
http://capitalroundtable.com/masterclass/Capital-Roundtable-For-Profit-Education-Private-Equity-Conference-2012.html

I hope to see you on January 12 for what promises to be a great day.

Have a Wonderful Holiday!

P.S. Since we expect this conference to attract a strong attendance, please register as soon as possible to reserve your seat.

CareerMotivations today announces it’s free assessment service for students and career changers

 

 

 

November 29, 2011

CareerMotivations today announces it’s free assessment service for students and career changers.   We provide a best in class validated assessment that helps prospective students determine career paths & college degrees which best fit their personal interests & motivations.  Combining a proven, reliable, fully validated assessment with the US Govt’s O’net, BLS & CIP code data allows us to provide an in-depth snapshot into one’s personal interests & motivations aligned with Career Path’s and associated College Degree programs.   Most agree that those who make well informed educational decisions are more likely to be students with higher retention, graduation & placement rates.
It’s about outcomes, we strive to ensure a Win – Win relationship between the student and the college.  Often students do not understand their motivations and therefore enroll in a path that leads to a lack of interest & boredom; when that occurs, the commitment vanishes and ultimately they drop out.  Since colleges are looking to improve outcomes and students are looking for guidance as to what’s right for them, CareerMotivations assessment provides that.
For Students: If you are a student or a working professional who is pursuing or advancing a degree, CareerMotivation’s online assessment can help you choose a specific degree that will lead you to your desired career path based on your personal motivations and interests. Selecting the right career path along with the associated degree program is an important step in reaching your future career planning, goals & success. Your personal career assessment will reveal your skills, interests, learning styles and motivation. The results are mapped to career & degree information which can be used as your guide for career development.
Solutions for Colleges: Colleges can offer the assessment to their prospective students  allowing both the student and the admissions reps to make a more informed decision.  We can map your college’s specific degree programs to the results allowing both admissions & prospective students to see which of your schools programs they are best suited for.  When you reach out to prospective students you can establish a value proposition and a trusted relationship with them & their families. The assessment when offered by your school will reinforce the importance of the decision they are looking to make and show them that you have their best interest in mind. What better way to establish a relationship of trust than by offering them a Free Career Assessment- one that helps them identify which career & educational path’s are available at your college is right for them. Advertising a Free Career Motivations assessment can also help attract new students, yield significant return with your recirc’s and reduce acquisition costs of students. Think of the relationship you establish with the prospective student and family when your admissions representative sits down with them to go over their results and helps them plan for their future and achieve their goals & desires.

Solutions for Call Center & Lead providers:

Lead providers can utilize a private labeled or co-branded version of the CareerMotivations assessment to increase lead generation volume and reduce the cost of prospect acquisition.  The registration can be customized to collect the data fields you require prior to users being able to take the assessment.  The registrations can be posted directly to your lead management system or dialer.  CareerMotivations believes the value of a lead who has taken an assessment is significantly higher than a lead alone.

 

About

CareerMotivations is an educational services company that specializes in providing interactive assessment solutions to secondary, post-secondary institutions and individuals. By capitalizing on proven techniques to determine a person’s educational and career motivations, we help identify mutually beneficial relationships between a student and their desired education and career path.

For more information on CareerMotivations services please visit www.careermotivations.com

 

Press Contact:

 

http://www.careermotivations.com/students/contact-us/

or email us at info (@) ffventures.com

Address:
14 Vervalen Street
Closter, New Jersey 07624

Phone: 201-564-7651
Fax: 201-215-0751

 

Career Colleges Are Accused of Job-Placement Fraud

New article from the Chronicle:

Hollywood is a town built on illusions, and the Los Angeles Recording School sits at its center, a stone’s throw from the big-name studios its graduates dream of working for.

The for-profit college, which has trained thousands of students to be recording engineers, says it placed more than 70 percent of its recent graduates in jobs related to their degrees. But a new class-action lawsuit says those numbers are a fantasy designed to dupe prospective students and its accreditor, the Accrediting Council for Continuing Education and Training.

According to the suit, which was filed by a pair of former students last year, the college used “deceptive tactics and tricks” to make its placement rates appear higher than they were. It counted sales jobs at Apple and the Guitar Center as “creative positions” and offered gift cards to students who signed forms stating they were self-employed. It required its graduates to get business cards, then gave the cards to its accreditor as evidence the students were working.

“They were telling the public that they had a placement rate of 70 percent, but they had ways of getting around that,” said Sarah Woolston, a graduate and former career-services employee at the college.

The college, which is now in the process of closing, is fighting the lawsuit and denies any wrongdoing. In a statement, it said it “stands proudly behind the education it offers and remains focused on inspiring students with the experience and knowledge that they need to pursue a career in the entertainment industry.”

The allegations against the Los Angeles Recording School come as a growing number of for-profit colleges face lawsuits and investigations into their job-placement practices.

This month, Career Education Corporation, one of the largest for-profit providers, told investors that it had found “improper placement determinations” at some of its health-education and art-and-design colleges.

Click on the following link for the remainder of the article:

http://chronicle.com/article/Career-Colleges-Are-Accused-of/129754/?sid=at&utm_source=at&utm_medium=en

 

The Misrepresentation Rule and Third- Party Vendors

 


So many colleges have asked us for guidance on compliance and misrepresentation especially around the use of third party vendors.  While we are happy to discuss with you individually we wanted to share the following from APSCU:

Association of Private Sector Colleges and Universities (“APSCU”) has put out a memorandum giving guidance for the Misrepresentation rule and Third party vendors.

Internet brings many assets to higher education. As with multiple other industries, however, the misuse of the Internet can have harmful consequences for consumers and organizations. With the possibility of so many different entities involved in online student recruitment, APSCU felt it both appropriate and important to provide its members with this guidance.

Click Here to view Memo

Is For Profit Education Dead?

for profit education dead?

New article by Michael Clifford on significant Ventures

Some would say that the for-profit postsecondary sector is on its last legs… DOA. Capitalism.” He calls this framework for success his Four Gospels of Higher Education:

Fifteen publicly traded education companies have seen their stocks decline by 33% on average since December 2009 versus a 5% increase for the S&P 500. Media accounts abound of allegations regarding improper practices at publicly traded companies, including marketing misrepresentation and fraudulent reporting of placement rates. Twenty state attorneys general are investigating for-profit institutions. No other sector has been as demonized as the for-profit sector has among state and federal politicians over the past several years.

to read the article in its entirety: http://significantfederation.com/eblast/2011.09.14/landing/

 

Debt to Degree a new report correlating debt & degree completion

Education Sector has created such a measure, the “borrowing to credential ratio.”For each college, we have taken newly available U.S. Department of Education data showing the total amount of money borrowed by undergraduates and divided that sum by the total number of degrees awarded.

The results are revealing:

• Nationwide, the overall borrowing to credential ratio has risen sharply in recent years.

• Certain segments of the higher education industry—in particular, for-profitcolleges—are racking up far more student debt per degree than others.

• State policies matter a great deal, with seemingly similar public university systems achieving widely varying results for students.

• Among elite colleges and universities, some are making good on their pledgeto help low- and middle-income students graduate without major financialburdens while others are riding a wave of student debt to fame and fortune.

Keep in mind that this formula does not take into account the enrollment growth and thus lack of time for those new students to graduate, thus in many of the for profits case their number are artificially high as if they added 5000-35000 new students their numbers are significantly elevated due to their newness and do not reflect actuals.  This is a decent indicator for those schools with consistent flat enrollments

managing-student loan-debt

but not for those with rapidly changing enrollments.  Thus, those schools with declining enrollments may show better that actual results while those with enrollment growth will show higher inaccurate debt amounts.

 click here to viewreport: http://www.educationsector.org/sites/default/files/publications/Debt%20to%20Degree%20CYCT_RELEASE.pdf

Special Discount for Leadscon to For-Profit EDU group Members

discount on leadscon

For-

Profit-

Educatio

n Group Members,

If you haven’t done so already, it’s time to make plans for LeadsCon East 2011, August 24 and 25 in New York City.

Every show is a who’s who of customer acquisition and inquiry generation. This year is no exception, and with the sweeping changes taking place in the for-profit-education sector, never has attending LeadsCon East been more timely or valuable.

As we try to do at each show, we have organized a special group discount of $150 off the current price and more than $300 off the on-site price. The past two LeadsCon East shows have sold out so don’t delay.

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* View the Exhibitor List *
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Your tickets gets you into the expo, along with all sessions and networking events:
http://bit.ly/nJVila

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* Check out the Full Conference Program *
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Two full days of relevant and timely sessions:
http://bit.ly/nlKwiH

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* See the List of Companies Attending *
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More than 400 have already signed up:
http://bit.ly/n9HrBp

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* SAVE BIG *
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You MUST use this link in order to save. Registering through LeadsCon.com will result in you paying more:
http://bit.ly/ncJLgGhttp://www.leadscon.com/special-discount-for-profit-education-group-members.html

(Offer valid on new registrations only. No refunds on existing registrations. While supplies last. You MUST use this link above in order to save.)

We look forward to seeing you there!

 

a Special opportunity for a Free trial of CareerMotivations Assessment

education assessments

 

 

 

ForProfitEdu.com is pleased to announce a Special opportunity for a Free trial of the CareerMotivations Assessment for its Members.  This opportunity is open to the first 10 Colleges that inquire and get started.  CareerMotivations is a fully validated assessment (University of Minnesota did the validation study) and over 7,000,000++ have taken the assessment.  In essence a person takes the assessment and it tells them which career paths (US govt. data Onet) they are most motivated to enjoy & succeed in.  It provides them with their learning styles, motivational qualities & which corresponding degree programs (available at your colleges) are a best match for them based on Govt. CIP code (Classification of Instructional Programs). It also provides the most recent Government data as to the career description, the employment outlook for that career path, related career paths, as well as salary information.

 

The tool is customized for each school/system, CareerMotivations enters all of the schools specific programs (CIP codes) and the school tells us what questions to ask on the registration (this becomes a valuable lead).  Then the user takes the assessment and when completed they can see the matches to each of the school’s programs as well as all of the government descriptions around each of them.   The report data is incredibly easy to understand yet detailed and the relationship & trust the admissions representative can have with the potential student and family is unmatched.   In essence, it provides a new low cost means of generating interested students, a strong bond and value created with admissions and a greater likelihood the student enrolls in the correct program (thus more likely to graduate), not to mention it shows the world that the school cares about each student individually and makes efforts to help the student make wise choices with accurate information.

 

Additional benefits over time include the ability to identify specific motivational traits & learning styles which tend to align with students who graduate as well as those students who drop.  Once these are identified, schools can utilize this information on intake to determine the appropriate degree path for the student and which ones may need additional attention from student management to help them graduate.

 

Schools thus far, have been interested in adding this to their website for increased inquiry generation, utilization in recirculation email campaigns to regenerate students from old leads and in social media & TV advertising to increase return on their advertising.

 

If you are interested in the Free Trial please contact us: http://www.careermotivations.com/contact-us/

 

CareerMotivations and ForprofitEDu are non related entities, if your firm has a special offer for the 5000+ member of forprofitedu.com group please contact us

 

Transparency

transparency in lead generationWith all that’s going on with regards to compliance and schools taking more and more time to be selective in who they work with, will aggregators eventually give in to transparency?  This topic is one of many heated discussions.  I have been to multiple edu marketing  panels with the who’s who of the major edu aggregators and it seems to be split.  Some of them say that if forced to they will come around and identify all of their sources, others however refuse to and say they will never disclose every source for their leads.  They believe their lead quality speaks for itself and don’t believe transparency is necessary.   Well these firmare very protective of their sources and they do not want to be open for cannibalization, but if there is some type of vendor protection why can’t there be complete transparency.  Some believe its because of the use of call center generated leads which continue to be tossed into the pile of Internet generated leads for many of the lead providers both at the top and bottom of the food chain.  I think schools have the right to know where the leads are comming from PROVIDED they protect the lead sources from their vendors, non-circumvention, non-disclosure etc should help provide this protection.  Many of the most astute schools will agree to this in order to get the transparency they want.  What do you think?

Private Equity Investing in Education Companies Conference

ForProfitEDU would like to extend an exclusive invitation to you to attend The Capital Roundtable’s conference on Private Equity Investing in Education Companies, being held on Thursday, July 21 in New York City.

As a partner, we have the privilege to put your name on our VIP list, allowing you to register for a special rate of $995 — $400 off the standard registration price.

 

This day-long conference is being chaired by Daniel Black, Managing Partner at Wicks Group of Companies, and features 20 experts.

For registration or inquiries, just call Shaina Mardinly at 212-832-7333 ext. 0, or email her at smardinly@capitalroundtable.comPlease be sure to mention our name.

For more details, click here:

 

http://www.capitalroundtablemail.com/masterclass/Capital-Roundtable-Private-Equity-Education-Conference-2011.html?&tag=forprofitedu
I hope to see you on July 21 for what promises to be a great day.

P.S. Since we expect this conference to attract a strong attendance, please register as soon as possible to reserve your seat.

 

 

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