Interview, Fireside Chat
How the Pandemic is Reshaping Education
- Remote student enrollment is projected to stabilize at 12% to 15% after dropping from over 90% during March/April.
- More than 50% of U.S. college professors plan to significantly increase digital tool usage, a shift anticipated to persist beyond the pandemic.
- Personalized learning features and adaptable student pacing will remain integrated into the educational environment as students return to campus.
- Increased device proliferation in homes is expected to facilitate Ed Tech scaling and future development.
- Continued adoption of fully online, hybrid, shorter courses, and alternative credentials is forecast, particularly in higher and continuing education sectors.
- Traditional institution enrollment, especially at community colleges, is expected to decline while demand for targeted, short-term courses grows.
- The unbundling of learning content and access to new skills via digital platforms is projected to accelerate over the next few years.
- Corporates are expected to replace fixed-day physical training with technology and e-learning tools within the remainder of the current year.
- Regular upskilling and reskilling throughout careers are anticipated to become standard due to the insufficiency of early university training for 60-year work lives.
- Businesses aiding traditional institutions in pivoting to new revenue streams, such as online pathways and alternative qualifications, will face significant ongoing demand.
- Providers offering best-in-class digital courseware capable of functioning across physical and digital classrooms are expected to benefit from an evolving education system.
- Approximately $16 billion in venture capital invested last year is projected to drive further investment into Ed Tech solutions that will become commonplace over the next decade.