It’s that time of year again for the Industries largest conference.
We hope you join us at the APSCU conference in Orlando starting tomorrow and running thru June 7th.
For More information: http://www.ccaconvention.org/
Education Aid’s looking for scholarship candidates for two current opportunities.
April 1, 2013 By Leave a Comment
Education Aid’s Support a Student Scholarship Program for Victims of Hurricane Sandy
This is a $5,000 Scholarship Program that will be awarded to a student who has been impacted by Hurricane Sandy, and who has a desperate need for this type of financial support to be able to stay in school until they can graduate. The funding for this Scholarship Program came from Education Aid’s second annual 50/50 cash raffle and Holiday Dinner fundraiser. Applicants must have received some type of funding from FEMA for Hurricane Sandy to qualify for this Program. The Scholarship funds will be distributed during the 2013 -2014 academic school year.
To learn more about this Scholarship Program and to complete the Online Application, please go to www.educationaid.org/hsscholarship
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Education Aid’s Support a Student Scholarship Program for Single Fathers
This is a $5,000 Scholarship Program that will be awarded to to a single father that is enrolled in an accredited post-secondary institution or job training program. This Scholarship Program was created by Education Aid to help economically disadvantaged students who are at risk of dropping out of school due to a lack of financial support. The Scholarship Program funds will be distributed during the 2013-2014 academic school year.
To learn more about this Scholarship Program and to complete the Online Application, please go to www.educationaid.org/sfscholarship
2013 Education Advertising & Lead Generation Survey, you must participate to get the results!
March 6, 2013 By Leave a Comment
ForProfitEDU.com in conjunction with Edufficient LLC launches its Annual Advertising & Lead Generation Benchmarking Survey. Employees & Executives at Colleges, Lead providers, Aggregators & Call Centers who are members of the higher education community are invited to participate in this annual bench marking study. The goal is to identify current trends and best practices in lead generation, advertising, compliance & marketing as well as create a listing of EDU related lead providers which will be made available to member schools. Last year we had hundreds of colleges & lead providers participate.
March 6th 2013 – New York, NY – ForProfitEDU.com in conjunction with Edufficient LLC www.edufficient.com announced today the launch of its Annual Advertising, Lead Generation Benchmarking survey for the Higher Education sector. The survey, which is open to individuals that are directly involved with marketing in higher education as well as those who are EDU lead providers, will examine where schools are focusing their online marketing efforts, what tools and tactics are most effective, and what challenges exist in this area.
In addition, this year we will be compiling a list of lead providers who participate and make the list available to participating schools.
All survey participants may register to receive a free report with the results of the survey upon completion.
To Take the survey click or copy & paste the link below:
https://www.surveymonkey.com/s/forprofitedu2013advertising
It will be open to respondents until April 15, 2013 and a report on the results will be made available to participants by the end of April.
To qualify you must be currently employed or within the last 6 months employed with an education lead provider, call center, school or responsible for the exclusive advertising and/ or lead buying for a school. All survey entries will be screened and validated!
About ForProfitEDU.com
ForProfitEDU.com is a leading website resource & Networking group (9500+ members) for all those who work within, around the For-Profit Education industry. The site offers networking, research, consulting, news updates, free job postings and commentary from members of the For-Profit EDU community. Contributors include those from the school side, as well as those that work at related services firms including the investment community (investors, analysts, venture firms & PE firms), marketing & advertising professionals, educators & curriculum development, career services & other related service providers. ForProfitEDU also provides research and consulting services to schools & other service firms within the industry. Areas of expertise include Advertising, Lead generation, Marketing Strategy & Execution, Admissions, M&A, Raising capital, Market research and Partnering.
About Edufficient LLC, www.edufficient.com
Edufficient is a results-driven advertising & vendor management firm specializing in higher education with unrivaled Industry experience. Our objective is to facilitate long-term growth for colleges and universities through intelligent performance based direct response advertising and management, innovative technology, and progressive methodology. By serving as an extension of your internal marketing team, we share your enrollment and marketing objectives.
To Take the survey click or copy & paste the link below:
https://www.surveymonkey.com/s/forprofitedu2013advertising
Senator Harkin to Retire, finally!
January 28, 2013 By 1 Comment
Sen. Tom Harkin of Iowa will not seek another term in 2014. The Senator an outspoken critic of the For Profit Education sector looks to finally be retiring. Harkin, famous for his improper investigations utilizing precarious practices to skew finding along with having his gainful employment overturned by the courts for being biased & arbitrary looks to spend more time with his family.
The five-term Democrat and nearly four-decade veteran of Congress is the second fixture of his party in the Senate to announce his retirement in recent weeks
“I have been thinking hard about the decision whether to run for a sixth term in the United States Senate for a number of months – even more these last few weeks,” Harkin said in a statement released by his office today.
Link to article: http://go.bloomberg.com/political-capital/2013-01-26/harkin-retiring-somebody-elses-turn/
Educelerate VIII Conference Chicago: Current Trends with Career Colleges
January 4, 2013 By 2 Comments
Special $ .99 rate!!! Yes that’s correct 99 Cents, if you can get to Chicago you should consider attending this conference.
What: 
: Current Trends with Career Colleges
When: Thursday, January 10, 2013 6:00 PM
Who: Michael Locke (CEO of Rasmussen College, former head of Bank of America’s education and training investment banking group); Chris Boehm (CFO at Education Corporation of America and Managing Director at Willis Stein & Partners); Jim Bland (Hispania Capital Partners); Jason Williams (co-head of the education investment banking group at Barclays Capital)
Where: First Analysis, 1 South Wacker Drive, Chicago, IL
For further details, please see the full listing:
http://www.meetup.com/Educelerate/events/91751402/
Bill Gates Power point on our College Crisis
November 26, 2012 By Leave a Comment
In a nutshell Bill Gates a prolific speaker about the importance and virtues of education speak out about the growing college education crisis in our country. While he sites growing debt burdens on the average American relating to the one-two punch of rising tuition and shrinking state funding, he believes the real crisis is in the low graduation rates experienced across the board. He believes technology may help lead to a solution.
To see the power point and view article on the Atlantic
Obama’s victory means continued scrutiny for the For-Profit Education sector
November 7, 2012 By 1 Comment
The re-election of President Obama isn’t likely to result in a slew of new regulations aimed at for-profit colleges. But with student debt and the cost of college expected to remain high-profile issues in his second administration, industry observers foresee little let-up in the focus on the for-profit sector.
That focus will begin, many say, with a push to resuscitate the gainful-employment regulation, a Department of Education proposal strongly opposed by for-profit colleges. And according to one community-college leader, in its new incarnation, the regulation might come back to life “in a broader form,” with portions of it applying more widely at nonprofit colleges as well. The original regulation was largely vacated by a federal judge last summer after it was challenged in court by the Association of Private Sector Colleges and Universities, the main trade group of for-profit colleges.
And while the election brought no changes in control to either the U.S. Senate or the U.S. House of Representatives, observers also predict that for-profit colleges will continue to face heat from Democrats in Congress as deficit-cutting measures and the reauthorization of the Higher Education Act take center stage over the next few years.
“Student debt is a huge political and economic issue,” and for-profit colleges are a key part of that story, says Teddy Downey, a senior policy analyst with TJ Strategies, a firm in Washington, D.C., that provides research on education issues to investors and policy makers. “They’re still going to be a big part of the conversation.”
Some executives of for-profit colleges say privately that they hope a second-term Obama administration will shift the focus “away from just our sector to the whole sector,” and put the spotlight on curbing rising tuition at all colleges. But several analysts say that might be more wishful thinking than reality…
Tougher Version of Gainful Employment?
President Obama’s win over Mitt Romney also means the sector is likely to see continued attention from the Consumer Financial Protection Bureau, a new agency that has already opened investigations into student-lending practices at two major for-profit-college companies, ITT Educational Services and Corinthian Colleges Inc. A win by Mr. Romney would have meant “a neutered CFPB,” says Jarrel Price of Height Analytics, a firm that follows the for-profit-college industry for financial companies.
During his campaign Mr. Romney singled out for-profit colleges as innovators and said he opposed “punitive regulations” on the sector, prompting many to assume he would let the gainful-employment regulation die if he were elected, either by not pursuing further court appeals or not attempting to rewrite the regulation to meet objections raised by the federal judge.
Click Here to read full article on the Chronicle
Education Growth Summit: Finalists in the “EdGrowth Entrepreneur Open”
October 23, 2012 By Leave a Comment
Attend the Education Growth Summit: A Reality Check
For the fourth year Education Growth Advisors will host the EdGrowth Summit, formerly known as the Venture Capital in Education Summit. Join a diverse group of entrepreneurs, investors, company and foundation executives and institutional leaders November 1 and 2 in NYC. Every year the event fosters a provocative set of conversations about driving and enabling the sector’s (r)evolution and with this year’s theme “Education: A Reality Check”, our hope is to have a realistic, practical view of all of the change and opportunity taking place across the K–20 landscape right now.
NEW YORK, NY–(Marketwire – Oct 18, 2012) – The Education Growth Summit 2012 (EdGrowth Summit) today announced the selection of 14 early-stage companies selected as finalists in the “EdGrowth Entrepreneur Open” competition. The selected companies offer innovative solutions for enhancing learning; improving the operational performance of education institutions; and facilitating workforce development and individuals’ employability. Each company will present their solutions to Summit attendees, which will include entrepreneurs, venture capitalists and private equity investors, company and foundation executives, and institutional leaders as they vie for a chance to win the grand prize of intensive mentoring and guidance from professionals in the field.
“The companies selected for the Entrepreneur Open represent a microcosm of the innovation and dynamism taking root across the education sector. The finalists’ solutions run the full gamut of a learner’s lifecycle and are exploring both institutional and consumer-oriented channels,” said Adam Newman, Managing Partner at Education Growth Advisors, host organization of the EdGrowth Summit along with Education Growth Partners. “Every year the depth and quality of candidates expands. We’re thrilled to be hosting these finalists at this year’s Summit, as well as dozens of other up-and-coming entrepreneurs and companies seeking to support and enhance opportunities for learners, teachers, and institutions.”
The 14 finalists are:
- BrightBytes
- CareerMotivations
- College Portfolio
- Conceptua Math
- Edshelf
- Educurious
- Gather Education
- Houlton
- InstaGrok
- LearningGames Studio, Inc.
- myEDGPS
- Mytonomy
- RecoVend
- Silverback Learning
Further details about the companies participating in the EdGrowth Entrepreneur Open can be found at the EdGrowth Summit website.
Finalists for the Entrepreneur Open were selected through an open application process judged by representatives of the Summit’s hosts, partners, and sponsors. Summit attendees will determine the ultimate winner during a crowd-funding-style investment competition during the first evening of the two-day Summit. The winner of the Entrepreneur Open will receive a tailored package of custom services from premier providers of marketing, legal and consulting services, as well as meetings with relevant investors and corporate development executives.
“We founded the Summit four years ago to provide investors the chance to meet early-stage companies as a means of promoting industry growth. These types of connections drive the needed development of sustainable solutions in the global education marketplace. In a sector like education where market and mission converge, it’s important to take the long view; the finalists selected this year are doing just that,” said Chris Curran, Managing Partner at Education Growth Advisors.
The EdGrowth Summit will be held at the IAC HQ in New York City on November 1 and 2. This year’s overarching theme, “A Reality Check,” will drive exploration of the complexities of investing and innovating in an industry in which market and mission converge and examine the risks and opportunity across the global education marketplace. In addition to the insightful panels and discussions that are a hallmark of the Summit, this year’s event will include remarks from featured speaker Bill Bennett, former Secretary of Education.
Sponsors of the Education Growth Summit 2012 include Cengage Learning, ECMC Group, and EducationWeek. For more information about the event, visit http://edgrowthsummit.com
If you’d like more information about the Summit, you’ll find it at the conference website http://edgrowthsummit.com
Need to check 90/10 ratio for a school, use this tool
October 3, 2012 By 2 Comments
We are sure many of you already know about this 90/10 tool, but we get questions about the 90/10 ratio for schools every week so we want to provide you with a link to the government tool to check out the ratio’s. Remember if a for profit schools ration of government funding is 90% or greater during a year they go on probation, if they are 90% or greater for 2 years they can loose Title IV eligibility like 3 did this year.
Distance education has been very good for the business school at the University of Massachusetts at Amherst
October 1, 2012 By 1 Comment
Many non profit are leveraging an online program to help defray rising costs associated with their campus locations. Umass is an example of success.
The 11-year-old online program accounts for just over a quarter of the enrollment at UMass’s Isenberg School of Management, yet revenues from the program cover about 40 percent of the school’s $25-million annual budget. And that’s after UMass Online, the in-house marketing agency, as well as a few other arms of the university have taken their cuts.
The business school’s experience helps to illustrate the economics of distance education and the way one college with a marketable offering is using online education to help its bottom line.
If you are at a non profit school and would like help launching or growing your online programs please contact us!