In the last 12-18 months, I’ve frequently described sluggish performance, acquisitions, the cloud of US regulatory changes and less than healthy financial signals as turbulence in the world of online education companies. It would be difficult to claim that things have settled down significantly since my last exploration of this topic, but it does feel like an opportune time for some reflection.
Read MoreTowards the end of 2022 I wrote a post about the turbulence being experienced by online education companies that partner with universities. This was on the back of a raft of negative company announcements about their performance and financial health.
There’s been a number of changes since then and there’s still plenty of dark clouds looming. What we’re seeing is a more prolonged shake-out of some of these companies.
So it’s an interesting juncture to reflect on what’s unfolded over the most recent period of turbulence. It’s also worth considering what turbulence-driven changes might mean for the way online education companies operate in the future and what we might be left with.
Read MoreAs a type of technology company, several online education companies have experienced the kind of turbulence that’s been prevalent across the tech sector as a whole. For some, their lack of profitability and/or valuation has been exposed by an altered macroeconomic climate and there have been layoffs as well as several acquisitions, changes in strategies and leadership.
Read MoreOne of the big changes of the past couple of years has been the number of universities getting serious about what they are doing in the online distance education space.
Whilst the number of online distance education courses on offer in UK higher education has been steadily growing, the events of the last couple of years have spurred some universities to more intentionally consider what they are doing in this space.
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