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Education Technology Insights | Monday, March 15, 2021
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In 2022, institutional leaders who place a premium on training students for professional success will undoubtedly see an increase in enrollments.
FREMONT, CA: Additional campuses have reopened, allowing most students who desired to return to in-person instruction to do so. However, the pandemic's residual effects continue to affect schooling everywhere. In 2022, there is no doubt that the need for expanded online and hybrid learning choices will continue to grow.
The following are some of the most noteworthy and significant trends that educators and researchers should keep in mind as they develop education delivery plans for the coming year.
College Enrollment Continues to Fall: In 2021, college enrollment in the United States decreased by 3.5 percent. Universities experienced an unsurprising decline in enrolment in 2020, but the combined effect of the two years is a 7.8 percent decline in enrollment. The figures represent the most significant fall in undergraduate enrollment in more than half a century.
Interestingly, enrollments increased during the 2008 crisis as people sought new skills in response to their inability to find work. The epidemic of COVID-19 had the opposite effect, with people refocusing their efforts on entering or re-entering the labor force.
With students becoming more skeptical of loans, higher education institutions must ensure that they deliver value in exchange for tuition. One method to accomplish this is to emphasize how programs prepare students for the professional world. Career preparation, according to students, is more critical than ever.
Learners Must Be Career-Ready: Career preparedness was already the primary focus of 78 percent of students and educators in 2020. In 2021, that figure increased to 84 percent. Student educational ambitions were the second most crucial element in determining student achievement in 2020. However, skill competency will supplant student ambitions, with 81 percent of respondents ranking it as the second most valuable metric. This outcome demonstrates students' desire for a career-oriented education.
Notable is that holistic development continues to be the third metric of success. Educational institutions should begin to consider the specific benefits of their pupils. Universities' ability to provide accessibility solutions, mental health support, and other services will be critical in 2022 and beyond.
Education Technology Investments Are Growing: The increased reliance on technology to enable remote and hybrid courses is undoubtedly one of the reasons for the increase in ed-tech spending. $3.2 billion in ed-tech investments were made in the first half of this year. This amount substantially exceeds the $2.2 billion budgeted for the entire year of 2020. By the end of 2021, $5.5 billion in investments had been made.
The rising numbers indicate that investors believe education technology will continue to grow in importance regardless of the global epidemic.
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