8 Mega Trends Facing Education as We Know It
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Transcript of 8 Mega Trends Facing Education as We Know It
WHY THE NEXT SECRETARY OF EDUCATION SHOULD REALLY BE TALKING ABOUT PENN FOSTER
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MEGA TRENDS THAT SUPPORT PENN FOSTERTrends that Change the Face of Education As We Know It
1. New delivery models being embraced2. Downward pricing pressure and
overcapacity in high ed3. Rebalancing the federal budget and cut
in state funding for colleges 4. High school common core standards,
CTE, reemergence and budget dynamics
5. Student loan debt crisis6. Lifelong learner mindset emerging 7. Immigration and energy independence
driving training demand 8. Crisis in middle skills labor force
www.pennfoster.edu
WHY EDUCATORS SHOULD CARE ABOUT ENERGY INDEPENDENCE
Source: Romney Campaign, Aug 2012
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THE SKILLS GAP
Yet, employers still cannot find enough
qualified workers to fill middle-skilled jobs
More than 12 million remain unemployed
Nearly 4 million jobs go unfilled
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MIDDLE SKILLS DISTANCE LEARNING: THE FASTEST GROWING EDUCATION ECONOMY
An estimated 17 million new job openings between 2010 and 2020
are going to require middle skills
31% of entry-level associate-degree jobs pay more than entry-level BA positions
Demanded by Business88 million workers have low literacy,
limited English and lack a credential past high school
Demanded by Students75 million non-traditional students are
underserved, largely due to rising costs of college
AT PENN FOSTER WE PROVIDE EDUCATION AND TRAINING FOR A BETTER
LIFE
Manufacturing
Healthcare
Construction
Childcare
Veterinary
www.pennfoster.edu
OUR VISION FOR EDUCATION
The primary aim of education is not to enable students to do well in school, but to
help them do well in the lives they lead outside of school.
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THE UNIQUE NEEDS OF OUR STUDENTS
Penn Foster creates individually personalized education plans to cover
• career pathways• academic readiness• confidence
Students acquire skills to succeed in an increasingly difficult job market while supporting current financial and familial roles and responsibilities.
Financial
Needs
Academic
NeedsMotivationalNeeds
High School College Adult
We create on- ramps for traditional and adult learners on their path to training, re-skilling and personal achievement
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Largest high school in the U.S.
Degree programs in high growth
technical careers. Best value
associates degree options
200+ certification and diploma programs. #1 market share in career-
focused distance learning
43,000Students
28,000Students
63,000Students
Today, we have has over 130,000 active students in our vocational, associate degree, and high school programs in the U.S., Canada, and around the world.
www.pennfoster.edu
OUR EDUCATION MODEL DELIVERS RESULTS
We graduate 25,000 students per year
150,000 new students enroll each year
Low cost value pricing, pay as you go
No finance charges, no Title IV loan debt
We maintain a student satisfaction rate of 95%
www.pennfoster.edu
AT PENN FOSTER, WE BUILD FUTURES
Penn Foster is the real deal. Getting my diploma from Penn Foster was one of the best things that happened to me…
Now I will be able to provide a better life for my daughter.“-- Antoinette
”Penn Foster College is THE BEST online college for those of us who have full-time
jobs and shift workers, because Penn Foster gives us the flexibility to study at our own
convenience, at our own pace, and WITHOUT deadlines.“
-- Todd
”I was glad that I was able to complete my program online and spend time with my family,
and not be stuck in a classroom.
I had some life changing events and Penn Foster was wonderful and understanding about what was going on.“
-- Kate