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Published byAsher Fowler Modified over 6 years ago
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Using the “Un-accreditable” Sector to Attract Students
Co-opetition: Using the “Un-accreditable” Sector to Attract Students Intro – CEO of SL Using Co-opetition because we’re seeing the rise of individual services and functions that used to be performed exclusively by colleges Because these services are not part of a degree program, they cannot be accredited. Become increasingly popular for reasons we will soon see.
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Tuition Student Funding Sources Students are Shoppers!
Can I repay the debt? Tuition What am I learning? Student Funding Sources Can I get a job? Student going to college, this is what they see. Exponentially more choices for credit – buying power shifting from college to student with choice. Exponentially More Choices Focus on Course Transferability Students are Shoppers!
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“Thinking Outside The College…”
ONLINE COURSES ACE Credit recommended 60+ direct college partners About $50 per credit hour PRIOR LEARNING Sponsored by CAEL $149 course + $125 per course review HIGH STAKES TESTS About $90+ per exam Paraphrase Taco Bell EdAssist Study of what corporations actually paid to reimburse students Source: EdAssist Corporate Survey and College Board, Trends in College Pricing
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StraighterLine Provides affordable, well-supported, flexible online general education college courses. $99 per month + about $49 per course started. Will enroll 12,000 students this year. 20,000 next year. At WGU, 90% of SL students are still enrolled after twelve months. Some “turn-key” outsourced gen. ed. Where student enrolls at college. Pioneered “Competency Based Courses” Partner college awards credits for the coursework Student Advisor forwards student records to partner college Students choose and are admitted to partner college or use ACE Credit Student successfully completes a series of rigorous assessments and receives a final grade Student enrolls * Subscription –low-cost/low-risk Very high persistence rates – WGU case study, national studies Self-paced, tutor-supported courses in Now, this model is called “competency” Didn’t have a name when we started
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Student Persistence Stealing CAEL’s thunder, but a great study they did. While both PLA and SL deliver great services, at least as much of their power in persistence is the presence of a low-risk filter. Students who succeed are very likely to succeed. Students who fail haven’t lost much. Source: Council for Adult and Experiential Learning
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Individualized Support
Value to a Student Courses by recognized content providers Designed by college professors. High Quality Courses Start/Stop whenever No Set Due Dates Total Flexibility On-demand educational support Personal Course Advisor Individualized Support Price and subscription keeps student financial risk low. Textbooks chosen to allow “e” and used book options. Affordable/Less Risk Actual Credit Granted by a Regionally Accredited Partner College or ACE school. Real College Credit
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More Valuable Students
Value to a College More Students After StraighterLine a student will need to complete the majority of his or her degree. More Valuable Students These students are very likely to persist They will likely be out-of-state and using distance education Referral Partner Colleges refer students that they cannot serve to StraighterLine Students can receive discount or the college can receive a fee. Free articulation agreements. Referral destination –want the student to return to the referring college. Will co-market with the referring college.
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About 70 partner colleges. Rapidly expanding. Took 3 years to get to 40. Taken 1 year to get to 70.
Public/Private/For-profit – large adult students
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More than 500 Colleges…
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Ohio Colleges that Have Taken SL Credit*
From Ohio… Ohio Overall Enrolled 372 20,000 Completed 193 12,000 To Partner 100 8,000 Ohio Colleges that Have Taken SL Credit* University of Cincinnati Owens CC Columbus State Sinclair CC Ohio University Ohio State University of Akron University of Toledo Lakeland CC Capital University Lorain County CC Ursuline University of Rio Grade Central Ohio Tech Cuyahoga CC Herzing—Toledo E. Gateway CC Franklin University Wittenberg Hocking Tech Wilmington-Cincinnatti Walsh University Mercy College Bowling Green Probably about 40% lower than we would expect. Probably due to not having a partner college in-state. Completion rates a little over 50% Partners also a little over 50% Both are also a little lower than we see in other states Data from National Student Clearninghouse shows colleges where students have taken our courses – presumably for credit. * May have used ACE process. We don’t really know. * Data from National Student Clearinghouse
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Articulation Value Students Students Straighterline College (optional)
Website presence; SEO improvement. Presence in “Intended College” field at student registration. Inclusion in social marketing. Co-branded MyLine. SL outreach to students on college’s behalf. College (optional) SL provided coupon to referred students. Degree plans for corporations and high schools. to dormant leads. Special discounts & scholarships for SL students. Students Marketing strategies that can be applied to all pre-college pathways – courses like SL, PLA, tests Students
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Questions? bsmith@straighterline.com Twitter: @burck
I’ll close by noting that the number of online alternatives from which students can select is only going to grow. All colleges want to build online programs. As state regualtory barriers fall, more will compete Non-colleges are offering online courses – SL, MOOCs CBE programs are rapidly coming online You, as colleges, need to think strategically about these options. Ultimately, all of them are marketing channels for you.
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