One of the presenters at the conference of the American Council on Education gave the audience his perspective on the situation from 30,000 feet.
If you just concern yourself with surviving, you will not succeed in the long run. You have to consider the possibility of success.”
This was the message that was conveyed by Jim Hundrieser about trends of higher education, associate managing principal for institutional strategies for the Association of Governing Boards, at the 99th annual conference of the American Council on Education, which took place on Sunday in Washington, District of Columbia.
In the current environment, in which nearly half of the states are cutting appropriations to the enterprise and institutions are struggling to meet enrollment targets, the concept of thinking beyond survival may be difficult to conceptualize for the majority of colleges, particularly for those with endowments that are less than one billion dollars. This is especially true for institutions that are struggling to meet enrollment targets.
Instead, the emphasis of many organizations is on finding ways to reduce expenses in order to stay within their budgets. But according to Hundrieser, this is not a very healthy mentality either. “Cost cutting is nothing more than a temporary phenomenon,” he said, arguing that simply cutting costs, as opposed to reducing expenses, could actually have a negative impact on attributes like service, which would ultimately have a detrimental effect on revenue at the institution. “Cost cutting is nothing more than a temporary phenomenon,” he said. Have various trends in higher education but we are going to see trends that will shape the future of higher education.
Instead, he said that those in charge of the institution should concentrate on “increasing and diversifying income,” which he acknowledged “is considerably more difficult than lowering expenditures, but it is vital in developing a sustainable model.”
Not only that but according to Hundrieser, the fact that the average tuition discount at private universities in 2015 was 48% means that the cost of public and private higher education is almost even now across the country. This is because state and federal governments have divested themselves from the higher education industry.
In order for institutions to address their slow operating rhythms, which often means “an operating rhythm that’s decades old,” become embroiled in “old policies that no longer [address] the market, and even old course requirements that are no longer relevant to [the demands of] the market,” and embrace the following trends of higher education that are poised to shape the future of the industry:
Here are 4 Trends Of Higher Education:
1. Separation of Components in higher education
According to Hundrieser, “Students are no longer buying that whole college” experience. As an illustration, he used the analogy of having to purchase an entire album in order to obtain one or two good songs before the proliferation of digitized media. “Students are no longer buying that whole college.” As a result, leaders of conventional schools are beginning to place a greater emphasis on the importance of certificates, qualifications, and coursework that is directly relevant to the workplace.
In addition to these trends of higher education, he said that notwithstanding the findings of previous studies, massive open online courses (MOOCs) were not a passing fad. Instead, according to Hundrieser, we have just seen “inning one of a nine-inning game.” He said that massive open online courses are still “definitely” positioned to disrupt the established marketplace for higher education, especially as the number of courses centered on college preparation grows.
2. The adoption of relocations as the new standard
According to Hundrieser, in today’s complicated system of higher education, three out of every four students will attend two or more institutions during the length of their academic careers in higher education. “The adult market is really the traditional market,” he said, adding that educational institutions ought to think about admitting transfer classes the size of the freshman class. This is because the market segment for adult learners, which includes transfer students, is currently larger than the pool of high school graduates.
However trends in higher education, students who are attending college for the first time after graduating from high school for the first time have different requirements than transfer students and adult learners in general. First of all, according to Hundrieser, they expect better operational speed, service, and convenience, and universities that focus their marketing efforts exclusively on these students have a higher success rate when it comes to enrolling them.
3. A focus on the traditional academic disciplines
Recently, business tycoon Mark Cuban became an unlikely champion for the liberal arts as the future of the workforce. He stated that as machines replace workers for automated tasks, those with superior communication skills and an eye toward innovation will be valued the most. Cuban believes that liberal arts degrees are the future of the workforce.
According to Hundrieser Trends of higher Education, who was speaking to the audience at ACE, “Liberal arts in the views of many are not synonymous with job creation; yet, it is vital to be able to” graduate potential workers who have the abilities that are supplied by a typical liberal arts degree.
4. The implementation of virtual and augmented reality
“Augmented reality is literally going to transform higher education better than other trends of higher education,” said Hundrieser, who added that the benefits of being able to use technology to enhance learning opportunities in the classroom will be invaluable for students who wish to compete in a global marketplace. “Augmented reality is literally going to transform higher education,” said Hundrieser.
Unfortunately, he said that the most innovative work is being done “beyond the gates of our colleges,” and most institutions are finding it difficult to keep up with the pace of change.
Bottom Line
The trends of Higher education play an important part in uplifting the economy of the whole economy as it makes youth capable of doing jobs. There are various trends as mentioned above are driving the future and will be contributing to the upgradation in the field of knowledge. We hope you enjoyed reading our blog ‘4 Important Trends Of Higher Education’ and received thoughtful insights from it.
Also Read: 15 Most Popular Trends in Education