Research reports 75% of academic leadership are claiming online education as a pillar of their strategy moving forward, yet the overall market (for all education) has declined 1.7% year over year. For-profits lost 13% of the market share in one year alone. It's time to check in on the state of online education, so we've tapped our network founder Seth Odell for this broadcast and asked him for his take on what's happening and what to watch.
Is the online education market completely saturated? Supply seems to be way up, while demand is down. Does online education offer the promise of great opportunity for universities? The reality of the market is – it has never been more complex or competitive. If institutions go into this space without a rock solid business plan is seems they are going to be eaten alive.