FOR-PROFIT OFFERS AT&T EMPLOYEES ONLINE COLLEGE DEGREE
PROGRAM - Capella University, a 10 year-old Minnesota-based for-profit university
specializing in education for working adults, has struck a deal with A&T to offer the
company’s employees and their family members an opportunity to earn college
degrees online and in a time frame that suits their work schedules. The first
employees to take advantage of AT&T’s tuition assistance plan at Capella started
this summer. The school said it focuses on making it easier for students to
concentrate on learning instead of red tape. For more information visit:
http://www.capellauniversity.edu (Syllabus News Update, 26 Aug 03)

DOUBLE-DIGIT GROWTH PREDICTED FOR FOR-PROFIT ED SECTOR -
Revenues from the for-profit postsecondary education delivery market grew more
than 13% to $13.8 billion, according to an annual review by Eduventures, a research
firm focused on learning markets. Among their key findings:
- Revenues grew more than 13% in 2002 to $13.8 billion
- Online distance learning accounted for approximately $900 million, or 7.7%, of
total market revenues
- For-profit education institutions attracted 84% of private investment dollars
and represented 48% of all mergers and acquisition activity across the entire
postsecondary sector in 2002
- The market will continue to grow by 13-15% through 2005
- Revenues generated by for-profit tutoring businesses reached $3.5 billion in 2002,
a 14% increase over 2001 figures. Eduventures estimates that market growth will
exceed 14% in 2003. (Syllabus News Update, 5 Aug 03)