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MTN iLearning - a freemium modelOn partnering with Regenesys Business School, MTN Business Nigeria has launched MTN iLearning, a new initiative that provides entrepreneurs with access to business education. MTN iLearning is based on a freemium model, providing access to free learning materials and users need to make payment only when they submit assignments, take examinations or attend classes.
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College classes online- The latest demand of the studentsAs the demand for online courses are rising, college classes move online to meet students demand. New Jersey’s fastest-growing Thomas Edison State College, based in Trenton doesn’t even have a campus. The students never set foot in a classroom. They take their courses either online or through distance-learning formats.
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Higher Education - Change is ComingThe present financial model of most higher education institutions is weak. As a lot of student population is heading to higher education the outdated finance model of colleges makes the leaders deeply concerned about the ways colleges could find finance. Many realise that higher education is at a tipping point, and that it will soon look nothing like it does today.
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Online courses in winter - A boon for studentsMany colleges offering online courses during fall receive a good response mostly from students needing an extra course or two to graduate. The 2012 Survey of Online Learning conducted by the Babson Survey Research Group shows that more than 6.7 million students took at least one online course during fall 2011.
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Nonpayment of tuition takes a toll on South African CollegesThe educational institutions are hit by a plague of unpaid tuition in South Africa. This problem is making funding a big challenge for public universities and impossible for private and nonprofit universities. “It’s the most serious problem,” said Jeffrey Mabelebele, chief executive of Higher Education South Africa. “It has the potential to threaten the very operations of a university.”
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Customer Centricity - A new online course from The Wharton SchoolThe Wharton school has announced a new online only executive education course on Customer Centicity. The course, which starts from March 03, 2014 is led by Professor Peter Fader, co-director of Wharton’s Customer Analytics Initiative, who has been termed as a “Professor to Watch” by the Financial Times.The enrollment to the course is limited to executives only.
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U.K. University Enterprise Zones will boost start-upsThe U.k Treasury has funded a £15 million to establish three to four University Enterprise Zones in England. These will house clusters of high-tech start-up companies that can access the expertise of the local university. It would also offer business space for students to start businesses after graduation.
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Online Courses: Costs low with options of expansionMOOCs, a powerful instruction in terms of reducing college costs while at the same time improving the quality of education. It is a godsend for low-income students. Eric Rabkin, Professor of The University of Michigan states that when his students at the University of Michigan meet in class, after having gathered information from free MOOCs, "the quality of the average essay in those courses has increased markedly." Further, "The American Council on Education is starting to give credit for successful completion of individual MOOCs."
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The future of Education: EntrepreneurshipAmerica's universities and colleges are expanding even beyond the nation's borders by establishing campuses abroad. The universities have become more competitive with one another because of the growth of self-proclaimed profit-making institutions. Though they do not set out their profit-making goals, they are all entrepreneurial as they are in the business of selling their product, raising funds, advertising and saying that this makes them offer a better quality education to students.
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Enrollment drop in collegeThe enrollment at City College, San Francisco has a decline of 23% compared to last year and 34% when compared to two years back. Even the part-timers have dropped out 10% when compared to last year. The college has also lost 9% of state funding due to the drop out of students.