Group items tagged

For the business-type folks in the class, McGraw-Hill just sold its Education division to a private equity company. They think that education will continue to be a good investment.

Yeah, I thought it was weird. I looked into that--I think the sale is to a different "Apollo" group. UPhoenix is something like "Apollo Group" whereas McGraw Hill sold their division to "Apollo Global Management". I think they are different entities, but it is hard to tell. If they are the same organization, it is definitely a weird sign of shifting investments.

Cole, you're absolutely right, I missed that Apollo Global Mgmt is a VC firm.

Can large publishing companies really be force of good in the ed tech arena?

Interesting that some publishers are in favor of this, because it means big changes for them...

The speaker argues that technology in education will drive personalization and have a 1:1 teacher-to-student ratio (optimistic!). He states personalization drives achievement, citing psychologist Benjamin Bloom.

"Apple said electronic high school textbooks from its initial publishing partners, including Pearson, McGraw-Hill and Houghton Mifflin Harcourt, would cost $15 or less. That is much cheaper than print textbooks, some of which can cost over $100". woo hoo!

I can explain the business model to you if you'd like that shows how the $15 price point is feasible in what turns out to be an almost $40 million dollar textbook investment! Just let me know!

I would be definitely interested :-)