1 Developments Changing Education Cloud based computing Digital textbooks i Tunes University High Quality Video Streaming Mobile devices and connectivity For-profit universities Specialized training centers providing credentials Non-profit learning organizations
2 Only three percent of the students at the top 146 colleges come from families in the bottom fourth of household income.
3 Pell Grants help lower income students attend college. Pell recipients between numbered 176,000. In , 8.9 million students received a Pell Grant.
4 About 68% of the general population believes much of the teaching on college campuses can be replaced by online courses. Only 22% of college leaders would agree.
5 Fewer than six in ten undergraduates finish four year degrees in six years.
6 MOOC is an acronym for massive open online course.
7 We re witnessing the end of higher education as we know it. Aoun, Joseph. The Boston Globe. A shakeup of higher education, 17 November 2012.
8 Student-loan debt has topped $900 billion.
9 About 74% of the general population would agree or somewhat agree that there is too much emphasis on attending four-year colleges as opposed to community college or vocational school. About 59% of college leaders agree or somewhat agree with this statement.
10 Only one student out of ten who enrolls in a Udacity course will complete the course.
11 About 80% of the general population agrees or somewhat agrees that the education students receive is not worth what they pay for it. Only 41% of college leaders would agree or strongly agree with this statement.
12 Six million users (up 500% year to year) accessed Khan Academy in Salman Khan, BbWorld, July 2012.
13 Only three percent of the students at the top 146 colleges come from families in the bottom fourth of household income.
14 Student-loan debt is increasing. In 1993, 46% of college students had debt. In 2011, 66% of college students had debt.
15 Harvard, Stanford, and MIT are offering MOOCs.
16 Average student loan debt in 1993 was $14,500 and in 2011 it was $26,600.
17 MOOCs are causing higher education to shift from a vertically integrated model to a horizontally integrated one. Aoun, Joseph. The Boston Globe. A shakeup of higher education, 17 November 2012.
18 About 61% of the general population agrees or somewhat agrees that college funding should be tied to how much students learn in college. Only 38% of college leaders agree or somewhat agree with this statement.
19 Student loan default rates were 5.6% in 1999 and in 2010 they were 9.1%.
20 College students today are older. In 1967, 14% of students were over 19 when starting college. In 2011, 29% were over 19 when starting college.
21 Individuals with less than a high school diploma earn approximately $1 million dollars over their lifetime. Those with an associate s degree earn $1.8 million. A person with a bachelor s degree earns $2.4 million during a lifetime.
22 They [MOOCs] could promote a twotiered system one tier consisting of a campus-based education for those who can afford it, and the other consisting of low- and no-cost MOOCs. Aoun, Joseph. The Boston Globe. A shakeup of higher education, 17 November 2012.
23 84% of college graduates say going to college was a good investment for them. Pew Internet.org,
24 By 2012, it is projected that 30% of all jobs will require some college and 35% will require a bachelor s degree.
25 Khan Academy offers over 3,400 videos covering multiple subjects free of charge. Hill, Phil. Educause, Online Educational Delivery Models: A Descriptive View. November/December 2012, pp
26 About 83% of the general population agrees or somewhat agrees that there is too much of a disconnect between the courses offered in college and students career goals.
27 About 52% of the general population and 45% of college leaders would agree or somewhat agree that students will not learn as much in online courses as they will in traditional courses.
28 Khan Academy seeks to provide, "A free, world-class education for anyone anywhere." Salman Khan, BbWorld, July 2012
29 MOOCs will force traditional colleges and universities to confront questions about their value propositions. As more students wonder why they should pay for a campusbased college education when they can take online courses for low or no cost instead. Aoun, Joseph. The Boston Globe. A shakeup of higher education, 17 November 2012.
30 Output measures such as the college s graduation rate, or whether graduates get well-paid jobs will become more important. Aoun, Joseph. The Boston Globe. A shakeup of higher education, 17 November 2012.
31 77% of college presidents surveyed said their college offered online courses. Pew Internet.org,
32 10 times the number who have graduated from Harvard since 1636 have used Khan Academy. Salman Khan, BbWorld, July 2012