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Educational Innovation Weekly Review for Ed Leaders
Curated by Tecnológico de Monterrey's Observatory of Educational Innovation
April 7, 2015
Contact us observatorio@itesm.mx
Stanford Extends Free Tuition to More Middle-Class Students
The Wall Street Journal
  • Any undergraduate admitted to the class of 2019 who comes from a family with an annual income below $125,000 won’t have to pay tuition, the school announced. Previously, the cutoff for free tuition was $100,000 in family income.
  • Students from families with incomes below $65,000 also will receive free room and board, and families earning up to about $225,000 also may qualify for financial assistance, especially if more than one family member is enrolled in college. 
  • “Our highest priority is that Stanford remain affordable and accessible to the most talented students, regardless of their financial circumstances,” Provost John Etchemendy said in a statement.
Visit Website: http://bit.ly/StanfordFreeTuition

Keywords: Higher Education, Tuition
The Real Reason College Tuition Costs So Much
The New York Times
  • Once upon a time, baby boomers paid for college with the money they made from their summer jobs. Then, public funding for higher education was slashed. Forcing universities to raise tuition year after year. 
  • This is the story college administrators like to tell when they’re asked to explain why college tuition at public universities has nearly quadrupled. But it is a fairy tale in the worst sense. A  major factor driving increasing costs is the constant expansion of university administration. 
Visit Website: http://bit.ly/RealReasonTuition

Keywords: Higher Education, Tuition
The Most Competitive College in America Isn't in the Ivy League
Business Insider
  • Since 2013, Stanford University has admitted the lowest percentage of student applicants in the US. This year, for the Class of 2019, Stanford accepted 1,402 students out of a pool of 42,487 applicants — a 5.05% acceptance rate.
  • Harvard University accepted 1,990 of 37,305 applicants this year, for a 5.3% acceptance rate. This was also the largest applicant pool and lowest acceptance rate in Harvard's history.
Visit Website: http://bit.ly/MostCompetitiveCollege

Keywords: Higher Education
TakeLessons Teams Up with Amazon to Pioneer On-Demand Service Commerce
PR Newswire
  • TakeLessons, the largest online marketplace for private lessons, announced its participation in Amazon's new Home Services launch. In select cities, visitors to Amazon.com can easily book lessons with TakeLessons instructors directly from their Amazon account.
  • Now, lessons for everything—ranging from math to Spanish to guitar—can be purchased through the familiar experience found on Amazon.com. Instructional services can be purchased independently, or alongside of a complementary product.
Visit Website: http://bit.ly/TakeLessonsAmazon

Keywords: Education, Business Models, Amazon
Do B-school Rankings Really Matter?
Fortune
  • As a business school dean, Glenn Hubbard is frequently asked about rankings. Given the element of subjectivity involved, it’s tempting to conclude, as many academic leaders do, that rankings simply do not matter. But he believes that those people are wrong.
  • Rankings do matter, though perhaps not in the way that many would expect: It’s in the student network that you will find the metrics that matter for assessing any business school: inputs and outputs.
Visit Website: http://bit.ly/RankingsMatter

Keywords: Rankings
Over 50 and Back in College, Preparing for a New Career
The New York Times
  • The demand for more adult learning opportunities accelerates. The potential audience is huge. By 2030, the number of Americans 65 and older will grow to 72 million, up from 40.2 million in 2010, according to the United States Census Bureau. To date, colleges and universities have paid little attention to the needs of this population.
  • While many colleges have some kind of continuing education programs in place, some institutions are starting to truly embrace the seismic demographic shift as an opportunity, not just a sideline offering. 
Visit Website: http://bit.ly/EducationOver50

Keywords: Adult Education, Adult Learning
How Much Should You Pay For a Degree?
The Hechinger Report
  • Does it pay to go to college? That largely depends on the student, said Robert Shireman, executive director of California Competes, a nonprofit focused on higher education. Students should ask themselves tough questions: What do you want from college? Do you have the academic skills and motivation to achieve your goals?
  • To answer these questions, California Competes has proposed  “College Considerator”,  a new online tool that measures the value of college. 
Visit Website: http://bit.ly/HowMuchShould

Keywords: Higher Education
The Truth About Life in 2015 at Stanford, Where 21-year-olds Are Offered Hundreds of Thousands of Dollars Right Out of School
Business Insider
  • The sunny campus of Stanford University looks like many American colleges. But because Stanford is in Palo Alto, California, in the middle of Silicon Valley, things are happening there that don't happen anywhere else.
  • Big publicly traded tech companies like Facebook, Google, and LinkedIn regularly pay new hires out of Stanford a salary of between $100,000 and $150,000.
Visit Website: http://bit.ly/LifeatStanford

Keywords: Higher Education, Technology, Silicon Valley
What MIT Is Learning About Online Courses and Working from Home
Harvard Business Review
  • "Virtual work” is increasingly becoming just “work”. But as Peter Hirst, director of the executive education program at the MIT Sloan School of management says, there’s still something special about face-to-face interaction.
  • That's why Hirst is helping to lead MIT into a new era of online learning, and experimenting with remote work with his own team at the same time. I talked with him about the state of virtual collaboration today. 
Visit Website: http://bit.ly/MITRemoteWorking

Keywords: Telecommuting, Remote Work, Online Learning
Google HR Boss Shares the Company's 4 Rules for Hiring Exceptional Employees
Business Insider
  • Google receives more than two million job applications from around the world each year. It takes an average of six weeks to secure a hire. Laszlo Bock, Google's senior vice president of people operations, explains that years of research and experimentation helped Google get hiring exceptional people down to a near science. 
Visit Website: http://bit.ly/HiringRules

Keywords: Recruitment, Strategy, Management
More news
Educational Innovation Weekly Review is curated by Tecnológico de Monterrey's  Observatory of Educational Innovation. With the highlights of the week on innovation, technology and education. If you require more information about a specific note, please email us: observatorio@itesm.mx. TECNOLÓGICO DE MONTERREY, 2015.

Observatory of Educational Innovation

Tecnológico de Monterrey's Observatory of Educational Innovation: We identify and analyze the educational innovation trends that are shaping the future of learning and education. 

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