In an excerpt from Start, Stop, or Grow, Robert Atkins discusses curricular efficiency, which measures, manages, and improves the units of education that can be delivered for a given amount of instructional cost and quality, and the importance of the cost per student credit hour (SCH).
The digital and interactive gaming industry soared in the past decade and it’s currently brighter than ever! Job opportunities continue to grow and new programs in Game and Interactive Media Design are rapidly popping up at institutions. There has never been a better time to get in the game.
We’ve seen an explosion of AI-related courses and programs across higher education, mainly within engineering and computer science departments, but AI isn’t just for “left-brainers.” Artists, musicians, and other “right-brain” aficionados are using AI to enhance the creative process and even generate new creative works. While creative AI still has a long way to go, it’s clear that AI technology will have to be considered in the workforce and in educating students.
The US Department of Labor recently announced that non-farm employment in America rose by 372,000 in June, 2022. This number far exceeded expectations, so we looked at Gray’s Job Postings data to compare.
In 2020, the pandemic had ravaging effects on supply chains. In the beginning of 2022, it looked like things were turning around – that is, until April, when strains mounted again. We took a look at our Job Postings database, and the data regarding employment opportunities shows a few interesting developments. It might even raise a few questions for you.
Money remains crucially important to not-for-profits, but in a very different way than for for-profits. For universities, it’s a means for mission attainment, whereas it is the overriding objective in business firms. One barrier to the adoption of academic resourcing models is the concern that doing so will “turn the university into a business.” The case against this proposition is very strong, but its demonstration requires considerable explanation.
IPEDS misallocates most online completions, reporting them in the home market for the institution. This reporting bias can be addressed using NC SARA data for online student enrollment by institution and state of student residence.
Enrollment is only one student demand metric you need to evaluate your program portfolio. Low completion rates are harmful to institutional finances and students.
When it comes to fixing an academic program portfolio or running a healthy institution, understanding program economics is vital. The goal is typically not to profit, but to generate funds that the college can re-invest to advance its mission, strategy, and quality of instruction.
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